Jammu & Kashmir Bank Outperforms Public Banking Sector Amid Broader Market Gains

The Jammu & Kashmir Bank has shown significant activity today, gaining 5.34% as of March 5, 2025. This performance outpaced the public banking sector, which rose by 2.66%. The stock opened with a notable gain of 2.06% and reached an intraday high of Rs 97.96, reflecting a 6.24% increase at its peak.
Over the past two days, The Jammu & Kashmir Bank has demonstrated a consecutive gain, accumulating a total return of 5.58%. In terms of moving averages, the stock is currently above its 5-day and 50-day averages but remains below its 20-day, 100-day, and 200-day averages, indicating mixed short- to medium-term trends.

In the broader market context, the Sensex experienced a sharp rise of 1.01%, climbing 724.86 points to reach 73,730.23. However, it remains 4.74% away from its 52-week low. The performance of The Jammu & Kashmir Bank over various time frames shows a year-to-date decline of 3.96%, contrasting with a 5.64% drop in the Sensex. Over the long term, the bank has outperformed the Sensex significantly, with a three-year return of 186.51% compared to the Sensex's 35.70%.