State Bank of India Stock Hits Record High of Rs.1015.5 on 6 Jan 2026

Jan 06 2026 10:37 AM IST
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State Bank of India (SBI) has reached a significant milestone, hitting an all-time high of Rs.1015.5 on 6 Jan 2026, reflecting robust performance across multiple timeframes and outperforming key market benchmarks.



Historic Price Milestone and Recent Momentum


On the trading day of 6 Jan 2026, SBI’s stock price surged to Rs.1015.5, marking its highest-ever level. This new peak comes after a sustained period of gains, with the stock appreciating 5.09% over the past six consecutive trading days. The day’s performance saw a 0.76% increase, notably outperforming the Sensex which declined by 0.22% on the same day. This positive momentum is further supported by the stock trading above all major moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling strong technical strength.



Comparative Performance Against Sensex


State Bank of India’s stock has consistently outperformed the broader market index, the Sensex, across multiple time horizons. Over the last week, SBI gained 4.08% compared to the Sensex’s modest 0.68%. The one-month return stands at 4.28%, while the Sensex recorded a slight decline of 0.54%. Over three months, SBI’s return of 15.90% significantly eclipsed the Sensex’s 4.23% gain. The stock’s one-year performance is particularly notable, delivering a 30.42% return against the Sensex’s 9.34%.



Longer-term trends also highlight SBI’s strong market presence. Over three years, the stock has appreciated by 68.66%, outperforming the Sensex’s 42.32%. The five-year return is even more impressive at 255.56%, compared to the Sensex’s 76.96%. Over a decade, SBI’s stock price has risen by 366.82%, well ahead of the Sensex’s 235.55% increase.




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Mojo Score and Rating Evolution


MarketsMOJO assigns SBI a Mojo Score of 67.0, categorising it with a Hold grade as of 11 Aug 2025. This represents an upgrade from a previous Sell rating, indicating an improvement in the company’s overall fundamentals and market standing. Despite the Hold rating, the stock’s recent price action and sustained gains reflect a positive market sentiment and operational resilience within the public sector banking industry.



Market Capitalisation and Sector Alignment


SBI’s market capitalisation grade stands at 1, underscoring its status as a heavyweight within the public sector bank sector. The stock’s performance today is in line with its sector peers, maintaining its position as a key player in India’s banking landscape. The sector’s overall stability and SBI’s leadership role contribute to the stock’s ability to sustain its upward trajectory.



Performance Year to Date and Sector Comparison


Year-to-date, SBI has delivered a 3.14% return, marginally outperforming the Sensex’s 0.04% gain. This early-year strength adds to the stock’s momentum, reinforcing its capacity to maintain elevated price levels. The stock’s consistent outperformance relative to the Sensex across short, medium, and long-term periods highlights its robust market positioning and investor confidence in its business model.




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Technical Indicators and Market Sentiment


The stock’s position above all key moving averages signals sustained buying interest and technical strength. This alignment across short, medium, and long-term averages typically reflects a bullish trend, supported by steady accumulation. The six-day consecutive gain period further emphasises the stock’s positive momentum, with a cumulative return of 5.09% during this stretch.



Industry Context and Company Standing


As a leading public sector bank, SBI’s performance is often viewed as a barometer for the sector’s health. The stock’s ability to reach an all-time high amid a competitive banking environment highlights its operational robustness and market leadership. The company’s scale, extensive branch network, and diversified financial services contribute to its sustained growth and investor appeal.



Summary of Key Metrics


To summarise, SBI’s stock has demonstrated remarkable strength with:



  • All-time high price of Rs.1015.5 on 6 Jan 2026

  • Outperformance versus Sensex across all major timeframes, including a 30.42% one-year return

  • Mojo Score of 67.0 with an upgraded Hold rating from Sell

  • Trading above all major moving averages, indicating strong technical momentum

  • Consistent gains over the past six trading days, accumulating a 5.09% return


These factors collectively underscore the stock’s strong market position and the company’s enduring prominence within the public sector banking industry.






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