State Bank of India underperforms Monday when compared to competitors

Shares of State Bank of India 500112, dropped 2.31% to 627.05 Indian rupees Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P BSE Sensex Index 1, falling 0.93% to 71,355.22. State Bank of India closed 33.35 rupees short of its 52-week high (660.40 rupees), which the company reached on December 20. The stock underperformed when compared to some of its competitors Monday, as IndusInd Bank Ltd. INDUSINDBK, fell 0.98% to 1,627.10 rupees and Kotak Mahindra Bank Ltd. 500247, fell 1.17% to...