SBI Closes 0.55% Higher at ₹776.60 Amid ATM Revenue Growth, UPI Issues

2nd April, 2025 / 3:30 PM

SBI share prices closed at ₹776.60 today, 0.55% higher than its opening price of ₹772.30 for 2nd April. At the same time, the opening price was itself 0.07% higher than the closing price of ₹77170 on 1st April. Also, the opening price of ₹766.80 on 1st April was lower than the closing price of ₹771.50 on 28th March. Incidentally, the opening price on 28th March stood at ₹772.10, which was lower than the closing price of ₹772.30 on 27th March.

At midday, the share prices stood at ₹773.65, which was about 0.17% more than the opening price. The stock did come down to ₹765.10 after a slump and then went up to ₹775.30 before it touched the midday numbers. With news of the bank posting growth in earnings from its ATM withdrawals and also facing UPI and online banking disruptions, it has to be seen how the stock prices play out over the next few days.

2nd April, 2025 / 12:30 PM

State Bank of India shares touched ₹773.65 at midday after opening at ₹772.30 today, indicating a decent growth of 0.17%. The stock slumped to ₹765.10 after facing an initial slump before recovering to ₹775.30 sometime earlier and then posting a mostly-upward growth curve ever since, dropping slightly to the midday figure.

SBI has been in firm focus after reports emerged of the bank earning a handsome amount from ATM withdrawals while other banks incurred losses. It has also been facing disruptions in its UPI and online banking operations and it remains to be seen whether the share prices hold up by closing.

2nd April, 2025 / 9:30 AM

SBI shares opened today at ₹772.30, which is just about 0.07% higher than the closing price of ₹771.70 yesterday (1st April). Interestingly, the stock opened at ₹766.80 on 1st April, while closing at ₹771.50 on 28th March. Also, the opening price of ₹772.10 on 28th March was lower than the closing price of ₹772.30 on 27th March. Hence, after two straight days of opening lower than the closing price, it has finally opened marginally above the closing. 

SBI share prices will remain in firm focus today with news of its earnings from ATM withdrawals and also the latest disruptions faced with online banking and UPI. How these developments affect stock prices today will have to be seen sometime later. 

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