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State Bank of India down for fifth straight session

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State Bank of India is quoting at Rs 319.5, down 1.18% on the day as on 13:19 IST on the NSE. The stock jumped 8.32% in last one year as compared to a 13.33% rally in NIFTY and a 15.32% spurt in the Nifty Bank index.

State Bank of India is down for a fifth straight session today. The stock is quoting at Rs 319.5, down 1.18% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.04% on the day, quoting at 12360.95. The Sensex is at 41978.57, up 0.11%.State Bank of India has lost around 2.28% in last one month.Meanwhile, Nifty Bank index of which State Bank of India is a constituent, has eased around 1.8% in last one month and is currently quoting at 31853.9, down 0.6% on the day. The volume in the stock stood at 432.44 lakh shares today, compared to the daily average of 307.14 lakh shares in last one month.

 

The benchmark January futures contract for the stock is quoting at Rs 320.6, down 1.28% on the day. State Bank of India jumped 8.32% in last one year as compared to a 13.33% rally in NIFTY and a 15.32% spurt in the Nifty Bank index.

The PE of the stock is 35.88 based on TTM earnings ending September 19.

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First Published: Jan 17 2020 | 1:35 PM IST

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