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State Bank of India spurts 1.64%, up for five straight sessions

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State Bank of India is quoting at Rs 319.45, up 1.64% on the day as on 12:44 IST on the NSE. The stock is up 11.52% in last one year as compared to a 12.93% gain in NIFTY and a 18.2% gain in the Nifty Bank.

State Bank of India rose for a fifth straight session today. The stock is quoting at Rs 319.45, up 1.64% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.42% on the day, quoting at 11891.1. The Sensex is at 40133.8, down 0.42%. State Bank of India has added around 28.24% in last one month.

Meanwhile, Nifty Bank index of which State Bank of India is a constituent, has added around 8.97% in last one month and is currently quoting at 30333.1, down 0.25% on the day. The volume in the stock stood at 306.13 lakh shares today, compared to the daily average of 464 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 319, up 1.22% on the day. State Bank of India is up 11.52% in last one year as compared to a 12.93% gain in NIFTY and a 18.2% gain in the Nifty Bank index.

The PE of the stock is 34.87 based on TTM earnings ending September 19.

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

First Published: Tue, November 05 2019. 13:00 IST
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