The Economic Times is tracking live share price updates for State Bank of India (SBI), India's largest public sector bank, which is listed on the Bombay Stock Exchange and the National Stock Exchange. Because of its size, SBI is a heavyweight in India's benchmark indices and is closely watched as a bellwether for the broader banking sector, which accounts for a substantial share of the Indian equity market.

According to the liveblog, SBI's stock has fallen below a key moving average, with its recent performance below the Exponential Moving Average (EMA) signaling a downtrend. The EMA is a technical indicator that gives greater weight to recent prices, and performance below the EMA is generally read by technical analysts as a bearish signal for a stock's short-term trajectory.

Despite the technical weakness, the monthly return summary shows that SBI shares recorded a 1.97% increase over the week. The liveblog also carried the stock's previous day closing price, its current financial snapshot and stock details, and its price movement for the day.

Additionally, SBI's six-month beta reflects the stock's sensitivity to broader market volatility, a measure of how the share price moves relative to benchmark indices. A beta above 1 indicates the stock has tended to move more than the market, while a beta below 1 indicates comparatively lower sensitivity.

For readers tracking such moves, commonly watched follow-on signals include whether the stock reclaims the moving average in subsequent sessions and the trajectory of quarterly results and sector-wide credit growth data, which the liveblog format updates continuously.

Readers can follow the full live updates on The Economic Times liveblog.

This article is a market update and does not constitute investment advice.