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The Economic Times Reports SBI Life Above, Then Below Its 20-Day Average

The Economic Times quoted SBI Life at ₹1,676.50 above its ₹1,672.83 average, then at ₹1,668.10 below it.

Updated 1 min read
Commuters cross the street beside office towers in Mumbai’s Bandra Kurla Complex. / EconoTimes.ai
Commuters cross the street beside office towers in Mumbai’s Bandra Kurla Complex. / EconoTimes.ai

SBI Life Insurance Company Limited shares were quoted above their 20-day simple moving average in an early Nov. 2 update and below it in a later one, The Economic Times reported.

At 10:49:39 p.m. ET on Nov. 1 (converted from 9:19:39 a.m. IST on Nov. 2), the outlet put the share price at ₹1,676.50, up 1.08%, against a 20-day average of ₹1,672.83. Its later update at 11:18:08 p.m. ET (9:48:08 a.m. IST) quoted ₹1,668.10, up 0.58% on the day and below the average.

Alice Blue’s technical data also list SBI Life’s 20-day average at ₹1,672.83. The National Stock Exchange of India identifies the company’s ticker as SBILIFE and its basic industry as life insurance. Historical data attributed to S&P Global Market Intelligence show the shares closed at ₹1,658.60 on Oct. 30, up 0.40%, with volume of 1,326,620 shares. An NSE filing records board approval on Oct. 27 of unaudited quarterly and half-year results for periods ending Sept. 30; it does not link the results to the Nov. 2 share-price move.

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