State Bank Of India Slides Wednesday, Underperforms Competitors

Dow Jones
04 Jun

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

Shares of State Bank of India inched down 0.41% to 806.45 Indian rupees Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the BSE SENSEX Index rising 0.32% to 80,998.25.

State Bank of India closed 10.27% below its 52-week high of 898.80 rupees, which the company reached on July 19th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as IndusInd Bank Ltd. rose 1.69% and Kotak Mahindra Bank Ltd. rose 0.04%. ICICI Bank Ltd. fell 0.48%.

Trading volume totaled 147,911, compared to the 50-day average of 576,258.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

June 04, 2025 06:30 ET (10:30 GMT)

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