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State Bank of India up for five straight sessions

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Capital Market

State Bank of India is quoting at Rs 289.3, up 1.49% on the day as on 12:44 IST on the NSE. The stock is down 9.54% in last one year as compared to a 18.21% gain in NIFTY and a 2.49% gain in the Nifty Bank.

State Bank of India rose for a fifth straight session today. The stock is quoting at Rs 289.3, up 1.49% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.49% on the day, quoting at 14215.3. The Sensex is at 48359.31, up 0.38%. State Bank of India has added around 6.4% in last one month.

 

Meanwhile, Nifty Bank index of which State Bank of India is a constituent, has added around 6.25% in last one month and is currently quoting at 31797.9, up 1.12% on the day. The volume in the stock stood at 193.05 lakh shares today, compared to the daily average of 371.87 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 290.45, up 1.47% on the day. State Bank of India is down 9.54% in last one year as compared to a 18.21% gain in NIFTY and a 2.49% gain in the Nifty Bank index.

The PE of the stock is 17.18 based on TTM earnings ending September 20.

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First Published: Jan 07 2021 | 1:00 PM IST

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