SBI Plunges by 6%; BSE BANKEX Index Down 5.1%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

SBI Plunges by 6%; BSE BANKEX Index Down 5.1%
Fri, 3 Apr 02:30 PM

SBI share price has plunged 6% and is presently trading at Rs 188.

Meanwhile, the BSE BANKEX Index is at 21,004 (down 5.1%).

Among the top losers in the BSE BANKEX Index today are SBI (down 5.9%) and AXIS BANK (down 6.3%).

Over the last one year, SBI has moved down from Rs 323 to Rs 188, registering a loss of Rs 135 (down 41.8%)..

The BSE BANKEX has moved down from 34,058 to 21,004, loss of 13,054 points (down 38.3%) during the last 12 months.

Free Signup: The Smallcap Fortunes Summit

What About the Benchmark Indices?

The BSE Sensex is at 28,639 (down 2.3%). The top gainers among the BSE Sensex stocks today are SUN PHARMA (up 7.7%). The most traded stocks in the BSE Sensex are ONGC and ITC.

In the meantime, NSE Nifty is at 8,357 (down 2.1%). CIPLA (up 7.8%) and SUN PHARMA (up 6.9%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 38,872 to 28,639, registering a loss of 10,233 points (down 28.95%).

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 13.3x.

What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "SBI Plunges by 6%; BSE BANKEX Index Down 5.1%". Click here!


Stock Market Updates

BASF INDIA Share Price Up by 11%; BSE 500 Index Up 0.6% (Today's Market)

Mar 2, 2021 12:35 PM

BASF INDIA share price is trading up by 11% and its current market price is Rs 2,120. The BSE 500 is up by 0.6%. The top gainers in the BSE 500 Index are BASF INDIA (up 11.5%) and SYMPHONY (up 11.7%). The top losers are THE RAMCO CEMENTS and ESCORTS LIMITED (down 0.1%).

MINDTREE Share Price Up by 5%; BSE IT Index Up 1.9% (Today's Market)

Mar 2, 2021 12:22 PM

MINDTREE share price is trading up by 5% and its current market price is Rs 1,715. The BSE IT is up by 1.9%. The top gainers in the BSE IT Index is MINDTREE (up 5.0%). The top losers are PERSISTENT SYSTEMS (down 0.8%) and TATA ELXSI (down 1.4%).

INDIABULLS REAL EST at 52 Week High; BSE 500 Index Up 1.0% (Today's Market)

Mar 2, 2021 12:15 PM

INDIABULLS REAL EST share price has hit a 52-week high. It is presently trading at Rs 102. BSE 500 Index is up by 0.5% at 19,896. Within the BSE 500, INDIABULLS REAL EST (up 6.0%) and SHIPPING CORP (up 16.3%) are among the top gainers, while top losers are DEEPAK FERTILISERS and HINDUSTAN COPPER.

JAI CORP Share Price Up by 10%; BSE METAL Index Up 0.1% (Today's Market)

Mar 2, 2021 12:09 PM

JAI CORP share price is trading up by 10% and its current market price is Rs 102. The BSE METAL is up by 0.1%. The top gainers in the BSE METAL Index is JAI CORP (up 10.5%). The top losers are COAL INDIA (down 0.1%) and NALCO (down 0.3%).

THERMAX at All Time High; BSE CAPITAL GOODS Index Up 1.0% (Today's Market)

Mar 2, 2021 11:11 AM

THERMAX share price has hit an all time high at Rs 1,444 (up 2.6%). The BSE CAPITAL GOODS Index is up by 1.0%. Among the top gainers in the BSE CAPITAL GOODS Index today are THERMAX (up 2.6%) and HONEYWELL AUTOMATION (up 1.4%). The top losers include SOLAR INDUSTRIES and AIA ENGINEERING (down 0.2%).

Sensex Opens 450 Points Higher; BPCL Jumps 4% (Today's Market)

Mar 2, 2021 09:30 am

Asian share markets are trading on a mixed note today as stocks extended the global rally as a halt in a recent bond markets sell-off eased investor nerves and lifted riskier assets.

View More Indian Share Market News

Most Popular

It's the Beginning of a New Bull Phase in Smallcaps(Profit Hunter)

Feb 24, 2021

Last time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.

Make Rs 5,000 Per Day Trading the Market(Fast Profits Daily)

Feb 25, 2021

In this video, I'll show you how to get started on the path to daily trading profits.

I Believe the Investment of the Year Will Be...

Feb 19, 2021

In this episode, ace trader Brijesh Bhatia talks to us about the best investments of 2021, his profitable trading system, and much more.

The Hidden Tesla in My Great Indian Wealth Project(Profit Hunter)

Feb 23, 2021

An Indian company founded three decades ago in a garage caught my attention...


India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms


Mar 2, 2021 12:38 PM