SBI Share Price Surges Today: Should You Buy?

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July 17, 2025: SBI Share Price – State Bank of India traded in a narrow range on Wednesday, ending the day at ₹836.8, up 0.7%. The stock moved between an intraday low of ₹828.25 and a high of ₹842.3. Investors are closely watching resistance near the ₹845 level, with technical indicators pointing toward a potential brea

SBI Share Price, India’s largest public sector bank and a BSE Largecap stock, has shown steady momentum in recent weeks. The stock has gained 5.7% in the past month and 5.05% in the last three months, as public sector banks continue to attract positive investor sentiment.

Technical Analysis

The daily pivot level for SBI share price is at ₹833.43. On the resistance side, key levels include R1 at ₹838.62, R2 at ₹845.53, and R3 at ₹850.72. On the downside, the support levels are placed at ₹826.52 (S1), ₹821.33 (S2), and ₹814.42 (S3).

The stock is currently trading above its 5-day, 10-day, 20-day, and 50-day EMAs, reflecting sustained bullish sentiment. Over longer durations, the 100-day EMA stands at ₹792.09, and the 200-day EMA is at ₹785.06, both of which remain solid support zones.

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Broader Performance

In the broader context, SBI has delivered a 9.08% return over the last six months, while its one-year return remains slightly negative at -6.7%. The three-year return stands at an impressive 70.02%, and over the last five years, SBI has returned a substantial 342.64%, underscoring its long-term strength as a blue-chip PSU stock.

Sector Comparison

SBI’s performance is being closely compared with peers such as Punjab National Bank (PNB), which has gained 7.79% in the last month and 14.71% in the past three months. While PNB has shown stronger short-term momentum, SBI continues to lead in long-term value creation.

Outlook

Market experts believe SBI could continue to see buying support if it sustains above its key support level of ₹826. A decisive break above ₹845 could pave the way for a retest of the 52-week high at ₹898.8 in the coming weeks, especially if PSU bank stocks maintain current sentiment.

Investors are advised to monitor global cues, banking sector earnings, and interest rate developments as near-term triggers.

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