State Bank Of India Rises Friday, Still Underperforms Market

Dow Jones11-29 18:31

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

State Bank of India shares inched up 0.03% to 839.00 Indian rupees Friday, on what proved to be an all-around favorable trading session for the stock market, with the BSE SENSEX Index rising 0.96% to 79,802.79.

State Bank of India closed 73.10 rupees below its 52-week high (912.10 rupees), which the company reached on June 3.

The stock underperformed when compared to some of its competitors Friday, as IndusInd Bank Ltd. rose 0.23% to 995.85 rupees and Kotak Mahindra Bank Ltd. rose 0.39% to 1,766.80 rupees.

Trading volume (757,635) eclipsed its 50-day average volume of 708,502.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

November 29, 2024 05:31 ET (10:31 GMT)

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