State Bank of India leads Nifty 50 weekly gains

State Bank of India led Nifty 50 weekly gainers with a 6.3% rise in the week ended 13 November 2026. Watch Rs 1,125 resistance and Rs 1,005 support. State Bank of India [ SBIN ] was the top Nifty 50 weekly performer for the week ended 13 November 2026, closing up 6.3%. This was the largest weekly gain among Nifty 50 constituents for the period, based on the information provided. The stock has now closed higher for three consecutive weeks. Its combined gain over these three weeks stands at 13%. On the chart, Rs 1,125 is the resistance level to watch. The 100-day exponential moving average at Rs 1,005 may act as support. The current closing price was not provided, so the distance to either level cannot be assessed here. In my view, Bullish remains the working stance, but the Rs 1,125 level may limit further progress unless the stock moves above it. A move above Rs 1,125 would bring higher levels into focus, while a fall below Rs 1,005 would weaken the positive view and put the support structure under pressure. Watch the price reaction around both levels in the coming sessions. Stance: bullish while above Rs 1,005, with Rs 1,125 as the key resistance. Disclaimer: I do not hold any position in this. This content is for informational purposes only and is not a recommendation to buy or sell. Investments in securities are subject to market risks. Please read all related documents carefully before investing.