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State Bank of India slips for fifth straight session

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The stock is quoting at Rs 264.8, down 2.14% on the day as on 13:19 IST on the NSE. State Bank of India jumped 2.34% in last one year as compared to a 11.26% rally in NIFTY and a 3.76% spurt in the Nifty Bank index.

State Bank of India dropped for a fifth straight session today. The stock is quoting at 264.8, down 2.14% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.42% on the day, quoting at 10984.4. The Sensex is at 36357.13, down 1.32%.State Bank of India has lost around 14.03% in last one month.Meanwhile, Nifty Bank index of which State Bank of India is a constituent, has eased around 11.28% in last one month and is currently quoting at 25596.9, down 2.04% on the day. The volume in the stock stood at 156.84 lakh shares today, compared to the daily average of 249.56 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 265.85, down 1.97% on the day. State Bank of India jumped 2.34% in last one year as compared to a 11.26% rally in NIFTY and a 3.76% spurt in the Nifty Bank index.

The PE of the stock is 0 based on TTM earnings ending June 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: Mon, September 24 2018. 13:35 IST
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