Sbi share are down by -1.13%, Nifty down by -2.02%

Sbi Share Price Today on : At 03 Oct 14:01 today, Sbi shares are trading at price 788, -1.13% down from the previous closing price. Sensex is trading at 82536.29, down by -2.05%. The stock has hit a high of 803.95 and a low of 784.35 during the day.

On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at 5,10,20,50,100 days SMA

The SMA values for the stock are given below :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at 802.2, 807.45, & 814.55, whereas it has key support levels at 789.85, 782.75, & 777.5.

Overall, as per Mint technical analysis, The stock’s continued downtrend suggests a bearish trend is underway..

From a fundamental analysis perspective, the company has a ROE of 17.34% .The current P/E of the stock is at 10.48 & P/B is at 1.62.

The median 1-year forecasted upside in this share is at 18.02% with a target price of 930.00.

The company has a 57.54% promoter holding, 10.40% MF holding, & 11.15% FII holding as per filings in the june quarter.

The MF holding has increased from 10.36% in march to 10.40% in the june quarter.

The FII holding has increased from 11.09% in march to 11.15% in the june quarter.

Sbi share price down -1.13% today to trade at 788 while its peers are mixed. Its peers such as HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank are falling today, but its peers are on the rise. Overall, benchmark indices Nifty & Sensex are down -2.02% & -2.05% each respectively.

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  • Aniket Pujari

    Aniket Pujari is a visionary entrepreneur and dedicated content creator who has made significant contributions to the digital media landscape. As the founder of Minute To Know News, he has established himself as a leading figure in the world of finance, cryptocurrencies, and Internet-related topics.

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