State Bank Of India Outperforms Competitors Despite Losses On The Day

Dow Jones01-06 18:30

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

State Bank of India shares slipped 2.11% to 776.75 Indian rupees Monday, on what proved to be an all-around grim trading session for the stock market, with the BSE SENSEX Index falling 1.59% to 77,964.99.

State Bank of India closed 135.35 rupees below its 52-week high (912.10 rupees), which the company achieved on June 3.

Despite its losses, the stock outperformed some of its competitors Monday, as IndusInd Bank Ltd. fell 2.79% to 970.05 rupees and Kotak Mahindra Bank Ltd. fell 3.26% to 1,779.25 rupees.

Trading volume (624,625) eclipsed its 50-day average volume of 592,264.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

January 06, 2025 05:30 ET (10:30 GMT)

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