Hot Pursuit     08-Mar-22
State Bank of India slips for fifth straight session
State Bank of India is quoting at Rs 426.6, down 3.11% on the day as on 13:24 IST on the NSE. The stock jumped 10.06% in last one year as compared to a 4.02% rally in NIFTY and a 10.04% fall in the Nifty Bank index.

State Bank of India is down for a fifth straight session today. The stock is quoting at Rs 426.6, down 3.11% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.99% on the day, quoting at 15705.7. The Sensex is at 52357.77, down 0.92%.State Bank of India has lost around 20.3% in last one month.Meanwhile, Nifty Bank index of which State Bank of India is a constituent, has eased around 16.44% in last one month and is currently quoting at 32871.25, down 1.85% on the day. The volume in the stock stood at 240.59 lakh shares today, compared to the daily average of 209.04 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 426.25, down 3.52% on the day. State Bank of India jumped 10.06% in last one year as compared to a 4.02% rally in NIFTY and a 10.04% fall in the Nifty Bank index.

The PE of the stock is 11.42 based on TTM earnings ending December 21.

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