SBI Stock Outperforms Sector and Market, Recommended as 'Hold' by MarketsMOJO

State Bank of India (SBI), one of the largest public banks in India, saw a positive trend in its stock performance on November 25, 2024. The stock gained 3.96% on this day, outperforming the sector by 0.62%. MarketsMOJO, a leading stock analysis platform, has given a 'Hold' call for SBI's stock.

In terms of price summary, SBI's stock has been on a consecutive gain for the last two days, with a rise of 8.42% during this period. The stock also touched an intraday high of Rs 847.25, showing a 3.82% increase. Additionally, SBI's stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the public banks sector, SBI has gained by 4.35%, indicating a positive trend in the industry. When compared to the overall market performance, SBI's stock has outperformed the Sensex by 3.46% in the last 1 day and 7.55% in the last 1 month.

Overall, SBI's stock has shown a strong performance on November 25, 2024, and is currently recommended as a 'Hold' by MarketsMOJO. With its consistent gains and positive trend in the public banks sector, SBI continues to be a strong player in the Indian stock market.