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State Bank of India extends losing spree

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State Bank of India is quoting at Rs 289.1, down 0.4% on the day as on 13:19 IST on the NSE. The stock tumbled 12.37% in last one year as compared to a 1.44% slide in NIFTY and a 0.34% spurt in the Nifty Bank index.

State Bank of India fell for a fifth straight session today. The stock is quoting at 289.1, down 0.4% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.03% on the day, quoting at 10926.35. The Sensex is at 36421.86, down 0.06%.State Bank of India has eased around 1.35% in last one month.Meanwhile, Nifty Bank index of which State Bank of India is a constituent, has increased around 2.91% in last one month and is currently quoting at 27482.25, up 0.04% on the day. The volume in the stock stood at 60.7 lakh shares today, compared to the daily average of 144.29 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 289.6, down 0.6% on the day. State Bank of India tumbled 12.37% in last one year as compared to a 1.44% slide in NIFTY and a 0.34% spurt in the Nifty Bank index.

The PE of the stock is 0 based on TTM earnings ending September 18.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, January 23 2019. 13:35 IST
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