SBI Closes 1.28% Higher at ₹779.90 After Rebounding From Early Dip

03 April 2025
2 min read
SBI Closes 1.28% Higher at ₹779.90 After Rebounding From Early Dip
whatsapp
facebook
twitter
linkedin
telegram
copyToClipboard

3rd April, 2025 / 3:30 PM

SBI share prices have closed at 779.90 today (3rd April), which is approximately 1.28% higher than the opening price of 770. This continues the robust momentum witnessed by midday. Very interestingly, the opening price was 0.85% lower than the closing price of 776.60 yesterday (2nd April), which initially disappointed investors. The stock also opened lower than its closing price on both the 1st of April and the 28th of March as well, which marks a return to this pattern today morning. 2nd April was the sole day in between when the opening price of 772.30 was more than the closing price of 771.70 on 1st April.

SBI share prices, however, were trading at 777.35 by midday, which marked a handsome rebound from the initial slide, growing by 0.95% over the opening price. After a drop to 773.49, post an initial trading rise, it peaked at 779.46 before settling at the numbers for midday. With various developments coming in for SBI, including disruptions in its online banking and UPI solutions, it remains to be seen how the stock prices move going forward.

3rd April, 2025 / 12:30 PM

If there ever was a tale of contrasting fortunes in a short span of time, then State Bank of India (SBI) share prices tell the story perfectly. The stock opened 0.85% lower than the closing price yesterday at 770 although it has now touched 777.35 by midday, which indicates a handsome rebound of 0.95% from the opening figures. Of course, the UPI and online banking services being down for some time may have impacted the stock prices a little.

Yet, the bank has shrugged it off and slumped to 773.49 after rising in initial trading, before peaking at 779.46 and then coming down slightly to the midday prices. The stock looks mostly positive currently, and it remains to be seen whether it can continue its turnaround story till the closing. 

3rd April, 2025 / 9:30 AM

SBI share prices opened today (3rd April) at 770, which was 0.85% lower in comparison to the closing price of 776.60 yesterday (2nd April). This marks a return to the previous trends seen on 1st April and 28th March, where the stock opened below the closing price. On 1st April, the opening price stood at 766.80 as compared to the closing price of 771.50 on 28th March. The latter day’s opening price of 772.10 was also lower than the closing price of 772.30 on 27th March. 2nd April was the only day where it opened at 772.30, which was slightly higher (0.07%) than the closing price of 771.70 on 1st April. 

It remains to be seen how the stock prices play out till the end of the day, particularly with news coming in about how Mudra disbursements are benefiting the weaker sections of society and also the bank’s impressive earnings from ATM withdrawals. 

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

To read the RA disclaimer, please click here

Do you like this edition?
ⓒ 2016-2025 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 5.9.3
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  IDFC |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ