SBI Share Price Surges 2.73% to ₹819.25 in Early Trade; PSU Bank Rally Gains Strength
SBI share rallied over 2.7% to ₹819.25 on April 21 amid strong traction in PSU bank stocks and positive cues on credit growth.

Key Highlights:
SBI Share Price Rises to ₹819.25, Up 2.73% in Morning Trade
SBI Share Price soared ₹21.80 or 2.73% to ₹819.25 as of 10:07 AM IST on April 21, registering a strong start to the week. The stock opened at ₹803.00 and touched a high of ₹821.60, fueled by PSU banking momentum and upbeat expectations around loan growth and stable NPAs for Q4.
This marks one of the strongest intraday rallies in frontline banks so far today.
SBI Share Snapshot – April 21
Parameter | Value |
---|---|
Current Price | ₹819.25 |
Day’s High | ₹821.60 |
Day’s Low | ₹801.40 |
Opening Price | ₹803.00 |
Previous Close | ₹797.45 |
Market Cap | ₹7.31 Lakh Cr |
P/E Ratio | 9.22 |
Dividend Yield | 1.67% |
52-Week High | ₹912.00 |
52-Week Low | ₹680.00 |
Why SBI Stock Is Rallying Today
- Renewed institutional buying in PSU banks, led by SBI and Bank of Baroda
- Positive expectations from Q4 earnings due in early May
- Robust credit growth trends in corporate and SME lending
- Low valuation with P/E of 9.22, seen as attractive by long-term investors
- Macro confidence in public sector capex and rural demand recovery
PSU Bank Stock Performance – April 21 Morning Snapshot
Bank | Price (₹) | Change (%) |
---|---|---|
SBI | 819.25 | +2.73% |
Bank of Baroda | 262.10 | +1.45% |
Canara Bank | 553.75 | +2.10% |
PNB | 130.45 | +1.65% |
Union Bank | 150.60 | +2.00% |
SBI leads the charge in the PSU bank space, supported by bullish institutional flows.
Technical View – SBI Share Levels to Watch
Level Type | Price (₹) |
---|---|
Immediate Support | 805.00 |
Strong Support | 785.00 |
Resistance Zone | 825.00 / 835.00 |
Breakout Trigger | 845.00 |
A decisive breakout above ₹825 can pave the way toward ₹850+ levels, while ₹805 remains the key level for bulls to defend.
Analyst Commentary on SBI
- Motilal Oswal: “Strong balance sheet and margin tailwinds. Maintain Buy with ₹925 TP.”
- Emkay Global: “Best placed PSU bank; low credit costs and digital leadership support long-term upside.”
- HDFC Securities: “Expect healthy Q4 print with stable NIM and contained slippages.”
Final Word on SBI Share Price Today
SBI share price posted a sharp gain in early trade on April 21, reaffirming investor confidence in PSU banks as a structural story. With strong institutional interest and earnings visibility, the momentum could continue if the ₹825 level is cleared. Long-term investors may also find value at current levels given the attractive valuation and dividend yield.
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