State Bank Of India Outperforms Market On Strong Trading Day

Dow Jones11-25

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

Shares of State Bank of India rallied 3.52% to 844.75 Indian rupees Monday, on what proved to be an all-around favorable trading session for the stock market, with the BSE SENSEX Index rising 1.25% to 80,109.85.

State Bank of India closed 67.35 rupees short of its 52-week high (912.10 rupees), which the company achieved on June 3.

The stock outperformed some of its competitors Monday, as IndusInd Bank Ltd. rose 0.53% to 1,003.50 rupees and Kotak Mahindra Bank Ltd. rose 1.64% to 1,791.55 rupees.

Trading volume (1.6 M) eclipsed its 50-day average volume of 690,612.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

November 25, 2024 05:31 ET (10:31 GMT)

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