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State Bank of India gained for a third straight session today. The stock is quoting at Rs 909.5, up 9.53% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 3.01% on the day, quoting at 23209. The Sensex is at 76202.69, up 3.03%. State Bank of India has gained around 12.59% in last one month. Meanwhile, Nifty Bank index of which State Bank of India is a constituent, has gained around 3.84% in last one month and is currently quoting at 48983.95, up 3.65% on the day. The volume in the stock stood at 438.76 lakh shares today, compared to the daily average of 181.78 lakh shares in last one month. The benchmark June futures contract for the stock is quoting at Rs 910.85, up 8.72% on the day. State Bank of India is up 54.89% in last one year as compared to a 24.82% jump in NIFTY and a 15.13% jump in the Nifty Bank index. The PE of the stock is 11.16 based on TTM earnings ending March 24.
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