Promoter and Institutional shareholding in State Bank of India has declined year-on-year, indicating a lack of confidence from smart money.

Sector averages show no change in Promoter and Institutional ownership, contrasting with SBI's declines, suggesting SBI is underperforming relative to its peers.

Best-performing stock in the sector, IDFCFIRSTB, saw a significant institutional increase, highlighting a divergence in investor sentiment compared to SBI.