SBI, Axis Bank, Larsen & Toubro among Sensex 30 hit fresh all-time highs

In the past one month, SBI up 3% has underperformed the PSU Bank index, which surged 21% during the period.

State Bank of India (SBI) and Axis Bank from banking space, and Larsen & Toubro (L&T) from capital goods sector, were among three stocks from the S&P BSE Sensex to hit new all-time highs on the BSE in Wednesday’s intra-day trade. At 10:30 AM; these stocks traded higher by up to 1 per cent, as compared to 0.32 per cent rise in the benchmark index.

Among individual stocks, SBI hit a new high of Rs 625.85, surpassing its previous high of Rs 622.90 touched on November 7. In past one month, the stock of largest PSU bank (up 3