State Bank of India is down for a fifth straight session today. The stock is quoting at Rs 844.65, down 0.86% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.09% on the day, quoting at 24392.1. The Sensex is at 80039.95, down 0.14%.State Bank of India has lost around 0.08% in last one month.Meanwhile, Nifty Bank index of which State Bank of India is a constituent, has eased around 3.86% in last one month and is currently quoting at 51317, down 0.95% on the day. The volume in the stock stood at 65.77 lakh shares today, compared to the daily average of 169.65 lakh shares in last one month.
The benchmark July futures contract for the stock is quoting at Rs 846, down 0.7% on the day. State Bank of India jumped 37.31% in last one year as compared to a 23.33% rally in NIFTY and a 10.35% spurt in the Nifty Bank index.
The PE of the stock is 12.45 based on TTM earnings ending March 24.