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Akhilesh Jat SEBI RA

6th Mar · SEBI-Registered Analyst

Liquor Policy Boost: United Spirits & United Breweries Rally

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UNITDSPR
rallied sharply on 6 March 2026, gaining up to 6.95% intraday after the Government of Karnataka revamped its liquor policy. The state government announced that taxes will now be linked to actual alcohol content, a move seen as a structural shift for the alcoholic beverages industry. During the session, United Spirits climbed to an intraday high of ₹1,417.90, effectively recovering losses from the previous four trading sessions. Market participants closely tracked the price action as the stock moved higher with improved sentiment. On the technical front, the ₹1,432–₹1,490 zone is emerging as a key hurdle area on the upside. It will be interesting to observe how market prices react around this resistance band in the near term. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.

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