State Bank of India share price rises 2.61% to ₹987 on November 2
Last Updated: 2nd November 2026 - 06:33 pm
Key Takeaways
- State Bank of India closed at ₹987, gaining 2.61%, after trading between ₹965 and ₹988 and finishing only ₹1 below the high.
- Volume reached 10,201,052 shares, while the close moved above the 50-day DMA of ₹983.30 but stayed below the 100- and 200-day averages.
- One-year return stood at 5.34%, while three-month and six-month returns remained negative.
State Bank of India share price closed November 2 at ₹987, gaining 2.61% from the previous close of approximately ₹962. The stock opened at ₹965, which also marked the session low, and climbed to ₹988. It finished only ₹1 below the high and ₹22 above its opening level. Trading volume reached 10,201,052 shares.
The day's entire range was ₹23, with SBI closing near its upper boundary. The price gain from the opening level accounted for almost all of the intraday movement.
The close also moved above the 50-day DMA of ₹983.30 by ₹3.70. The 100-day DMA stood at ₹1,001, leaving SBI ₹14 below it. The 200-day DMA was ₹999.20, just ₹12.20 above the final price. This placed the share between its 50-day average and the two longer averages.
SBI's 52-week range ran from ₹934 to ₹1,235. At ₹987, the stock was ₹53 above the annual low and ₹248 below the high. Despite the positive daily session, the share remained closer to the lower boundary of the annual range.
Recent return data were mixed. One-month performance stood at 3.45%, while the three-month return was -3.93%. Six months showed -7.62%. Over one year, however, the return remained positive at 5.34%.
November 2 therefore delivered a 2.61% rise, a close just ₹1 below the day's high and volume above 10 million shares. SBI also finished above its 50-day DMA while remaining within ₹15 of both the 100-day and 200-day averages.
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