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State Bank of India soars 5.58%, up for fifth straight session

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Capital Market
Last Updated : Nov 05 2020 | 1:04 PM IST

State Bank of India is quoting at Rs 218.55, up 5.58% on the day as on 12:54 IST on the NSE. The stock is down 31.18% in last one year as compared to a 1.08% jump in NIFTY and a 14.21% jump in the Nifty Bank.

State Bank of India is up for a fifth straight session today. The stock is quoting at Rs 218.55, up 5.58% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.57% on the day, quoting at 12095.3. The Sensex is at 41269.35, up 1.61%. State Bank of India has gained around 14.07% in last one month.

Meanwhile, Nifty Bank index of which State Bank of India is a constituent, has gained around 14.91% in last one month and is currently quoting at 25771.6, up 1.9% on the day. The volume in the stock stood at 1023.37 lakh shares today, compared to the daily average of 491.49 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 219.5, up 5.45% on the day. State Bank of India is down 31.18% in last one year as compared to a 1.08% jump in NIFTY and a 14.21% jump in the Nifty Bank index.

The PE of the stock is 16.55 based on TTM earnings ending June 20.

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First Published: Nov 05 2020 | 1:00 PM IST

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