SBI Surges by 11%; BSE BANKEX Index Up 1.6%

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SBI Surges by 11%; BSE BANKEX Index Up 1.6%
Fri, 13 Mar 12:14 PM

SBI share price has zoomed 11% and is presently trading at Rs 236.

Meanwhile, the BSE BANKEX Index is at 28,313 (up 1.6%).

Among the top Gainers in the BSE BANKEX Index today is SBI (up 10.8%).

HDFC BANK (down 0.6%) and CITY UNION BANK (down 2.3%) are among the top losers today.

Over the last one year, SBI has moved down from Rs 286 to Rs 236, registering a loss of Rs 51 (down 17.7%).

On the other hand, the BSE BANKEX has moved down from 31,903 to 28,313, loss of 3,590 points (down 12.1%) during the last 12 months.

The top gainers among the BSE BANKEX Index stocks during this same period were KOTAK MAHINDRA BANK (up 16.3%) and ICICI BANK (up 10.6%).

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What About the Benchmark Indices?

The BSE Sensex is at 33,350 (up 0.9%).

The top gainers among the BSE Sensex stocks today are SBI (up 10.8%), SUN PHARMA (up 8.1%) and HDFC (up 5.3%). Other gainers include BHARTI AIRTEL (up 3.2%) and TATA STEEL (up 3.1%). The most traded stocks in the BSE Sensex are SBI and ICICI BANK.

In the meantime, NSE Nifty is at 9,750 (up 1.0%). SBI (up 12.2%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 37,536 to 33,350, registering a loss of 4,186 points (down 11.9%).

SBI Financial Update...

SBI net profit stood at Rs 56 billion for the quarter ended December 2019, compared to a profit of Rs 40 billion a year ago. Operating income rose 8.7% to Rs 676.9 billion during the period as against Rs 622.8 billion in October-December 2018.

For the year ended March 2019, SBI reported 173.3% decrease in net profit to Rs 30.7 billion compared to net profit of Rs 41.9 billion during FY18.

Revenue of the company grew 10.6% to Rs 2,533 billion during FY19.

The current Price to earnings ratio of SBI, based on rolling 12 month earnings, stands at 17.9x.

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Stock Market Updates

Sensex Ends 4.6% Lower, FII Outflows, Stocks to Watch Out, and Top Cues in Focus Today (Today's Market)

Mar 31, 2020 Pre-Open

Indian share markets witnessed selling pressure throughout the trading session yesterday and ended deep in the red with Sensex and Nifty witnessing a sharp fall during closing hours.

Sensex Tanks 1,375 Points; Nifty Ends Below 8,300 Mark (Today's Market)

Mar 30, 2020 Closing

While the BSE Sensex closed lower by 1,375 points, NSE Nifty closed lower by 379 points.

PROCTER & GAMBLE HEALTH Surges by 6%; BSE HEALTHCARE Index Up 0.8% (Today's Market)

Mar 30, 2020 03:34 PM

PROCTER & GAMBLE HEALTH share price has surged by 6% and its current market price is Rs 3,499. The BSE HEALTHCARE is up by 0.8%. The top gainers in the BSE HEALTHCARE Index are PROCTER & GAMBLE HEALTH (up 6.3%) and ABBOTT INDIA (up 8.2%). The top losers are CADILA HEALTHCARE (down 0.1%) and J.B.CHEMICALS (down 0.2%).

SECURITY AND INTELLIGENCE SER. Plunges by 6%; BSE 500 Index Down 3.6% (Today's Market)

Mar 30, 2020 03:34 PM

SECURITY AND INTELLIGENCE SER. share price has plunged by 6% and its current market price is Rs 438. The BSE 500 is down by 3.6%. The top gainers in the BSE 500 Index are AIA ENGINEERING (up 14.5%) and BLUE DART EXPRESS (up 13.4%). The top losers are SECURITY AND INTELLIGENCE SER. (down 5.9%) and EICHER MOTOR (down 6.6%).

PVR LTD Plunges by 6%; BSE 500 Index Down 3.6% (Today's Market)

Mar 30, 2020 03:34 PM

PVR LTD share price has plunged by 6% and its current market price is Rs 1,271. The BSE 500 is down by 3.6%. The top gainers in the BSE 500 Index are AIA ENGINEERING (up 14.5%) and BLUE DART EXPRESS (up 13.4%). The top losers are PVR LTD (down 6.1%) and EICHER MOTOR (down 6.6%).

CAPRI GLOBAL CAPITAL Plunges by 5%; BSE 500 Index Down 3.6% (Today's Market)

Mar 30, 2020 03:34 PM

CAPRI GLOBAL CAPITAL share price has plunged by 5% and its current market price is Rs 173. The BSE 500 is down by 3.6%. The top gainers in the BSE 500 Index are AIA ENGINEERING (up 14.5%) and BLUE DART EXPRESS (up 13.4%). The top losers are CAPRI GLOBAL CAPITAL (down 5.1%) and EICHER MOTOR (down 6.6%).

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