State Bank of India shares slip 1.69% in rough market session
Updated
Updated · MarketWatch · Apr 30
State Bank of India shares slip 1.69% in rough market session
6 articles · Updated · MarketWatch · Apr 30
The stock closed at 1,068.00 rupees on Thursday as the BSE Sensex fell 0.75% to 76,913.50.
State Bank of India underperformed peers, with IndusInd Bank and Kotak Mahindra Bank both rising, while ICICI Bank posted a smaller 1.37% decline.
The shares finished 13.51% below their 52-week high of 1,234.80 rupees reached on 24 February, while trading volume rose to 1.4 million against a 50-day average of 1.2 million.
With new regulations threatening profits, is SBI's 'Buy' rating a safe bet or a risky gamble for investors?
Is the current market turmoil a temporary dip for SBI or the start of a much deeper, systemic decline?
As its digital app faces criticism, can India’s largest bank adapt quickly enough to win the future of banking?