3.08% Move Highlights bullish Momentum in SBIN.NS Stock on Wednesday

News Today: State Bank of India (SBI) has sold a 13.18% stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for about ₹8,889 crore at ₹21.50 per share. The deal, first approved in May 2025, received regulatory clearances from the RBI (22 Aug) and CCI (2 Sep) before being completed on 17 Sep 2025. SBI was the largest shareholder in Yes Bank since its 2020 rescue. This sale reduces SBI’s stake, brings in capital, and marks foreign interest in Indian banking through SMBC’s investment.

Price Movement On Sep 17, 2025

Date: Sep 17, 2025 (Wednesday)
At closed: 3:30:01 PM IST

open : ₹834.30
close : ₹857.15
low : ₹831.00
high : ₹858.15

previous close: ₹831.55

Also check: Tool to spot which candlestick has formed

Price Analysis: On Sep 17, 2025 (Wednesday), State Bank of India (SBIN.NS) showed bullish momentum of 3.08% relative to previous day's close.

Opening Bell: At the opening bell, the stock opened at ₹834.30, a minor gap up of 0.33% from the previous close of ₹831.55.

Volume Analysis: During the day's session, State Bank of India saw a significant increase in trading activity, trading 17,238,309 shares, which is up 97.28% from the average of 8,738,020 shares. This surge in volume suggests heightened investor interest or a major event driving the stock's movement.

Trading Range: State Bank of India, hit a high of ₹858.15 and a low of ₹831.00, creating a trading range of ₹27.15. The stock closed 3.08% higher than the previous day and 2.74% higher than the day's open.

Volatility Analysis: The stock showed moderate volatility (3.17%) with movement between ₹831.00 and ₹858.15.

Market view: Notably, the stock has been on a strong upward trajectory in recent months and today's close > open forms a bullish candle, reinforcing the trend and signaling strong buying pressure as bullish momentum continues.

Long Term Investment Scenario

In 2015, an investor has ₹100,000.00 and wants to invest in State Bank of India (SBIN). At that time, the stock price is ₹303.2 per share, allowing the investor to purchase 329 shares for a total of ₹99752.80.

As of Aug 29, 2025, the ₹99,752.80 investment in NSE:SBIN would be worth approximately ₹264,367.95 , thanks to stock splits, price appreciation, and consistent dividend payouts. This reflects a total Gain from stocks of ₹164,615.15, a return on investment (ROI) of 185.04%, and an annualized compounded growth rate (CAGR) of around 11.04%.