Strong Rally and Price Momentum
The stock has been on a consistent upward trajectory, gaining for five consecutive trading days and delivering a cumulative return of 4.69% during this period. Today’s peak price of Rs.1013 represents a substantial advance from its 52-week low of Rs.679.65, underscoring a remarkable 49.1% appreciation over the past year. This performance notably outpaces the broader Sensex, which recorded an 8.33% gain over the same timeframe.
Trading activity shows SBI maintaining levels above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning signals sustained buying interest and a positive trend alignment, reinforcing the stock’s strength in the current market environment.
Market Context and Sector Performance
The broader market environment has been supportive, with the Sensex recovering from an early negative opening to close marginally higher at 85,825.40, up 0.07%. The benchmark index is currently just 0.39% shy of its own 52-week high of 86,159.02, reflecting a generally bullish sentiment. The Sensex’s 50-day moving average remains above its 200-day average, a classic indicator of a sustained uptrend. Additionally, the Sensex has recorded gains over the past three weeks, rising 1.06% cumulatively.
Within this context, mid-cap stocks have led the market’s advance, with the BSE Mid Cap index gaining 0.13% today. SBI’s performance aligns with the public sector banking sector’s steady progress, contributing to the sector’s overall positive momentum.
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Mojo Score and Rating Update
State Bank of India currently holds a Mojo Score of 67.0, categorised under a Hold rating. This represents an upgrade from its previous Sell rating, which was revised on 11 Aug 2025. The upgrade reflects improvements in the bank’s financial metrics and market positioning, although the overall grade remains cautious. The Market Cap Grade for SBI stands at 1, indicating its status as a large-cap entity within the public sector banking industry.
Price Movement and Daily Performance
On 5 Jan 2026, SBI’s stock price increased by 1.47%, moving in line with the broader public sector banking sector’s performance. The stock’s steady climb above all major moving averages confirms the strength of the current trend and suggests that the recent gains are supported by solid technical foundations.
The stock’s 52-week high of Rs.1013 is a new benchmark for investors and market watchers, representing the highest price level ever recorded for SBI shares. This milestone is a testament to the bank’s resilience and ability to navigate the competitive banking landscape effectively.
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Historical Performance and Comparative Analysis
Over the past year, SBI’s stock has delivered a robust 27.79% return, significantly outperforming the Sensex’s 8.33% gain. This outperformance highlights the bank’s relative strength within the Indian equity market and its ability to generate shareholder value amid varying market conditions.
The stock’s 52-week low of Rs.679.65 provides a clear contrast to its current levels, illustrating the scale of the rally and the positive shift in investor sentiment over the last twelve months. The sustained gains and technical indicators suggest that SBI has established a solid foundation for its current price levels.
Sector and Industry Positioning
As a leading public sector bank, SBI plays a pivotal role in India’s banking industry. The sector has experienced steady growth, supported by improving economic conditions and favourable policy measures. SBI’s performance is reflective of these broader trends, with its stock price movement mirroring the sector’s overall trajectory.
The bank’s ability to maintain trading levels above all key moving averages further emphasises its strong market positioning and investor confidence in its business model and financial health.
Summary of Key Metrics
To summarise, State Bank of India’s key metrics as of 5 Jan 2026 are:
- New 52-week and all-time high price: Rs.1013
- Consecutive gain period: 5 days
- Return over last 5 days: 4.69%
- 1-year return: 27.79%
- 52-week low price: Rs.679.65
- Mojo Score: 67.0 (Hold rating, upgraded from Sell on 11 Aug 2025)
- Market Cap Grade: 1
- Day change on 5 Jan 2026: +1.47%
These figures collectively illustrate the stock’s strong performance and its significant milestone achievement in reaching a new 52-week high.
Conclusion
State Bank of India’s attainment of a new 52-week high at Rs.1013 marks a notable achievement in its market journey. Supported by consistent gains, positive technical indicators, and a favourable market backdrop, the stock’s rally reflects the bank’s solid fundamentals and sectoral strength. The upgrade in its Mojo rating further underscores the improved outlook on its financial and market performance. As SBI continues to trade above key moving averages and outperforms the broader market, this milestone stands as a testament to its enduring market presence and resilience.
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