State Bank Of India Slides Wednesday, Underperforms Market

Dow Jones
26 Mar

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of State Bank of India dropped 1.25% to 763.35 Indian rupees Wednesday, on what proved to be an all-around poor trading session for the stock market, with the BSE SENSEX Index falling 0.93% to 77,288.50.

State Bank of India closed 16.31% below its 52-week high of 912.10 rupees, which the company achieved on June 3rd.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as IndusInd Bank Ltd. rose 2.86% and Kotak Mahindra Bank Ltd. fell 1.27%. ICICI Bank Ltd. fell 0.58%.

Trading volume totaled 346,136, compared to the 50-day average of 539,042.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 26, 2025 06:30 ET (10:30 GMT)

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