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SBI Share Price Forecast 2026: Golden Buying Opportunity on Every Dip, Detail Inside

SBI Share Price Prediction : Shares of State Bank of India (SBI), a leading Indian banking sector leader, are expected to see significant movement today, Friday. Despite significant market volatility on Thursday, February 26, SBI shares closed with a strong gain of nearly 1 percent at ₹1,210.50.
While the Sensex and Nifty witnessed significant volatility yesterday, SBI has once again won investor confidence by demonstrating a strong recovery from its lows. Today, on the last trading day of the week, investors are eager to know whether SBI will set a new all-time high or market pressure will pull it down slightly.

Strong Support for Today

Examining the technical charts, SBI shares are currently in strong bullish momentum, and yesterday’s closing price clearly indicates that buyers are active around ₹1,190. For today’s intraday trading, experts believe that crossing the ₹1,215 level is crucial. If the stock holds above this level, the next target could be ₹1,232 and then ₹1,250.
On the downside, the ₹1,192 level will act as a strong protective shield or support. If the stock slips below this level due to global pressure, the ₹1,168 zone could become a major buying zone. The stock is currently trading above all its major moving averages, confirming the strong uptrend in the market.

Why SBI Remains Investors’ First Choice

The strength in SBI shares is driven by the bank’s excellent financial performance and the strength of the Indian economy. The bank recently reported its highest-ever profit of ₹21,028 crore in its quarterly results, a historic record for any Indian bank.
Additionally, SBI is directly benefiting from the major announcements made for infrastructure and rural development in the Union Budget 2026, as it is the country’s largest lender. Global brokerage houses such as CLSA and JP Morgan have also maintained their ‘outperform’ rating on SBI and raised the target to around ₹1,300, which has also led to positive sentiment among foreign investors.

Dos and Don’ts

Today is the last trading day of the week, so some profit-booking or ‘profit booking’ may be seen in the final hours of the market, which intraday traders should be cautious about. Experts advise opening new positions only with a strict stop-loss of ₹1,195 for today. If you are a long-term investor, it would be wise to hold at current levels, as the bank’s asset quality is at its best in several years. As long as the stock is trading above ₹1,185, every small dip should be seen as a golden buying opportunity.
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