LTCG, STT: Is it opportune time for FM Sitharaman to relook at taxation to contain FIIs selling in Indian stock market?
State Bank of India is in focus.
· LiveMint Markets
LTCG, STT: The Government must seriously look into anchoring hot money flows into equity segment by extending the holding period to say 2-3 years and abolishing the long term capital gains tax for equity, says SBI…
The analysis
Against that, the stock is -1.0% on the day at ₹961.85, and has returned -6.2% over three months. It sits 22% below its 52-week high. The banks sector has moved -6.0% over the same period, so State Bank of India is running 0.2 points behind its peers.
For State Bank of India, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.
Market context
- In focus: State Bank of India (SBI) (SBIN), in Banks.
- Over three months: State Bank of India (SBI) -6.2% against Banks -6.0% (0.2 points behind).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| State Bank of India (SBI)SBIN · Banks | ₹961.85 | -1.0% | +0.2% | -6.2% | -21.7% | 0.9× | — |
Banks
1M -3.4% · 3M -6.0%
State Bank of India (SBI)
Capital Goods & Engineering
1M -10.9% · 3M -5.3%
Capital Markets
1M -2.9% · 3M -6.3%
Prices as of 30 Oct 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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