SBI hikes base rate by 40 bps to 8%; stock gains

State Bank of India (SBI) touched an intraday high of Rs 2,846 and an intraday low of Rs 2,830.05. At 09:24 hrs the share was quoting at Rs 2,843.50, up Rs 32.45, or 1.15%.

The bank has hiked base rate by 40 bps to 8% and BPLR by 25 bps to 12.75% effective January 3, reports CNBC-TV18.
 
It was trading with volumes of 28,184 shares. On Friday the share closed up 2.24% or Rs 61.55 at Rs 2,811.05.

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Share Price Movement During The Last 12 Months
Period	Price	Latest Price	Gain/Loss (Rs.)	% Gain/Loss
3-Days	2752.80	2843.50	90.70	3.29
5-Days	2751.85	2843.50	91.65	3.33
7-Days	2754.90	2843.50	88.60	3.22
15-Days	2761.85	2843.50	81.65	2.96
1-Month	2994.10	2843.50	-150.60	-5.03
3-Month	3233.20	2843.50	-389.70	-12.05
6-Month	2302.10	2843.50	541.40	23.52
9-Month	2079.00	2843.50	764.50	36.77
1-Year	2269.45	2843.50	574.05	25.29