SBI Cards Shows Strong Momentum with Consecutive Gains Amid Market Trends

Jan 16 2025 03:35 PM IST
share
Share Via
SBI Cards & Payment Services has shown strong performance, marking its third consecutive day of gains and a total return of 6.02%. The stock is trading above key moving averages, indicating robust momentum, and has outperformed the Sensex over both the day and the past month.
SBI Cards & Payment Services has experienced a notable increase of 3.4% on January 16, 2025, outperforming its sector by 1.08%. This positive trend marks the stock's third consecutive day of gains, contributing to a total return of 6.02% during this period. The stock reached an intraday high of Rs 758.8, reflecting a rise of 3.03%.

In terms of technical performance, SBI Cards is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. On a broader scale, the stock achieved a 1-day performance of 3.54%, significantly surpassing the Sensex, which gained only 0.42%. Over the past month, SBI Cards has demonstrated resilience with a performance of 4.71%, in contrast to the Sensex's decline of 5.76%.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News