Stocks

SBI breaks resistance at Rs 306; hits near seven month high

Reuters Mumbai | Updated on March 27, 2019 Published on March 27, 2019

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Shares of State Bank of India (SBI) broke above a resistance at Rs 305.8.

The stocks gained as much as 2.11 per cent to Rs 309.9, which is the highest since September 3, 2018.

The stock went up about 14 per cent in the last one month as of Tuesday's close, outperforming the Nifty’s six per cent gains in the same period.

Published on March 27, 2019
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