State Bank Of India Share Price Today: Why SBIN Is Rising 0.73% | 22 October 2026

NSE: SBIN · 22 October 2026

Price
₹970.00
Change
+0.73%
High / Low
₹970.90 / ₹950.05
Prev. Close
₹963.00
Volume
57.81 lakh
Price as of
22 October 2026 · 03:30 PM IST
Key Takeaways
  • State Bank of India (SBIN) closed at ₹970.00 today, marking a gain of 0.73% compared to its previous close of ₹963.00. The stock traded within a daily range of ₹950.05 and ₹970.90 after opening lower at ₹958.40.
  • State Bank of India filed a disclosure under Regulation 30 regarding a cybersecurity incident after receiving alerts from CERT-In and threat intelligence providers about customer records on the dark web. Out of 375,000 preliminary records examined, 3,897 customer records containing personally identifiable information were identified. The bank clarified that core operations, financial performance, and business continuity remain unaffected while an independent CERT-In-empanelled agency investigates.
  • Trading volume was 0.60 times the 20-day average daily volume.

Why is State Bank Of India share price rising on 22 October 2026?

State Bank of India (SBIN) closed at ₹970.00 today, marking a gain of 0.73% compared to its previous close of ₹963.00. The stock traded within a daily range of ₹950.05 and ₹970.90 after opening lower at ₹958.40.

The broader market experienced a downward trend as the Nifty fell 0.88%. While sector benchmark performance showed relative resilience, the bank's mild positive return occurred against a softer broader market backdrop, following a 5-day return of 1.58% and a 20-day return of -1.72%.

Recent news flow has highlighted cybersecurity disclosures, with the bank confirming an incident involving the dark web exposure of 3,897 customer records containing personally identifiable information out of roughly 375,000 preliminary records reviewed. Management emphasized that core business operations and customer balances remain unaffected while independent cybersecurity audits are underway, though this backdrop continues to provide headline context rather than a direct growth catalyst.

57.81 lakh shares traded by 22 October 2026 · 03:30 PM IST. This compares with a 20-day average daily volume of 96.15 lakh shares (0.60 times). The five-day average daily volume was 1.06 crore shares. Separately, the NSE report for 22 October 2026 showed 25.15 lakh shares delivered, representing 43.51% of that day’s traded volume. The same report recorded 98,641 trades.

Likely Reason
Stock-specific modest recovery amid broader market weakness

State Bank of India gained 0.73% to close at ₹970.00 while outperforming the broader Nifty index which declined by 0.88%. No single catalyst directly drove the session's move, though the uptick reflects resilient price action and normal cash market delivery participation.

Latest Company Developments

Bank Discloses Data Exposure Incident
21 October 2026

State Bank of India filed a disclosure under Regulation 30 regarding a cybersecurity incident after receiving alerts from CERT-In and threat intelligence providers about customer records on the dark web. Out of 375,000 preliminary records examined, 3,897 customer records containing personally identifiable information were identified. The bank clarified that core operations, financial performance, and business continuity remain unaffected while an independent CERT-In-empanelled agency investigates.

Provides transparency on data security monitoring and reassures stakeholders regarding core operational continuity.

Original source →

Working Day Revision for Bond Interest Payment
25 September 2026

Following a Ministry of Finance directive declaring Sunday, September 27, 2026, as a normal working day for public sector banks, SBI announced that all branches would remain operational. Consequently, the interest payment date for bond series INE062A08397 was revised to September 27, 2026, in line with working day conventions.

Ensures timely coupon servicing for bondholders in accordance with revised operational schedules.

Original source →

Earnings / operating update
7 August 2026

a press release dated August 07, 2026, titled "Press Release on the Financial Results for the Quarter ended 30.06.2026".

Original source →

Ownership & Transaction Activity

Shareholding
As of 30 September 2026
Promoter holding
55.45%
55.47% on 30 June 2026
FII/FPI
11.07%
10.81% on 30 June 2026
Institutional holding
37.41%
37.45% on 30 June 2026

NSE shareholding filing →

Mutual Fund Holdings

Mutual-fund ownership

Mutual funds held 13.68% on 30 September 2026. This compares with 13.61% on 30 June 2026, a change of +0.07 percentage points.

The filing reported 76 MF/UTI holders.

SBI MUTUAL FUND SCHEMES
30 September 2026
28.37 crore shares · 3.10%
HDFC MUTUAL FUND SCHEMES
30 September 2026
16.18 crore shares · 1.77%
ICICI MUTUAL FUND SCHEMES
30 September 2026
13.68 crore shares · 1.49%
These are quarterly holdings, rather than purchases or sales on the article date.

NSE shareholding filing →

Research & Brokerage Views

Motilal Oswal
10 August 2026
RatingBuyTarget price₹1,370.00

Maintained a positive stance following quarterly financial performance with a target of ₹1370.

Attributed brokerage opinion; not a WittyTrades recommendation.
ICICI Securities
10 August 2026
RatingBuyTarget price₹1,300.00

Constructive outlook supported by steady loan growth and asset quality trends.

Attributed brokerage opinion; not a WittyTrades recommendation.
Prabhudas Lilladher
10 August 2026
RatingBuyTarget price₹1,200.00

Recommended a Buy rating with a target price of ₹1200 based on core earnings visibility.

Attributed brokerage opinion; not a WittyTrades recommendation.

What to Watch Next

  • Updates from the independent cybersecurity assessment regarding the recent data exposure incident.
  • Delivery volume trends relative to the 20-day average volume of 0.60x observed recently.
  • Management commentary on loan growth momentum and retail credit expansion.
  • Performance of the Nifty Financial Services sector benchmark in subsequent trading sessions.

Other Dated Coverage

More State Bank Of India news and dated analysis →

Frequently Asked Questions

What is the latest State Bank Of India company news?

State Bank of India filed a disclosure under Regulation 30 regarding a cybersecurity incident after receiving alerts from CERT-In and threat intelligence providers about customer records on the dark web. Out of 375,000 preliminary records examined, 3,897 customer records containing personally identifiable information were identified. The bank clarified that core operations, financial performance, and business continuity remain unaffected while an independent CERT-In-empanelled agency investigates.

How strong was State Bank Of India’s trading volume?

57.81 lakh shares traded, 0.60 times the 20-day average daily volume. The price and volume data are dated 22 October 2026 · 03:30 PM IST.

Do the mutual-fund figures show buying today?

They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.

Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst

Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.

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