Stock Market LIVE: IndiGo, M&M lead 1,100-pt surge in Sensex, Nifty PSU Bank up 2% as SBI, BoB lead
BSE moved higher.
· Business Standard Mkts
Sensex Today | Stock Market LIVE Updates Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap rose 0.68 per cent and 1.32 per cent…
The analysis
BSE reported movement of 2%, 0.68% and 1.32%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +2.6% on the day at ₹1,069.65, and has returned -5.0% over three months. It sits 13% below its 52-week high. The banks sector has moved -0.6% over the same period, so State Bank of India is running 4.4 points behind its peers.
For State Bank of India, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.
Why it matters
- With BSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- In focus: State Bank of India (SBI) (SBIN), in Banks.
- On the day, 2 of 2 are higher: Bank of Baroda (Bob) leads at +4.1% and State Bank of India (SBI) trails at +2.6%.
- Over three months: State Bank of India (SBI) -5.0% against Banks -0.6% (4.4 points behind); Bank of Baroda (Bob) +3.7% against Banks -0.6% (4.3 points ahead).
- Trading well above normal today: Bank of Baroda (Bob) at 2.0 times its 20-day average volume.
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| State Bank of India (SBI)SBIN · Banks | ₹1,069.65 | +2.6% | +8.6% | -5.0% | -12.9% | 1.0× | — |
| Bank of Baroda (Bob)BANKBARODA · Banks | ₹270.66 | +4.1% | +10.3% | +3.7% | -16.6% | 2.0× | — |
Banks
1M +3.8% · 3M -0.6%
State Bank of India (SBI), Bank of Baroda (Bob)
Prices as of 11 Nov 2026, 11:03 IST. Sector moves are the average of the stocks we track in each sector.
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