SBIN
State Bank Of IndiaKey stats
- Open
- 962.60
- Previous close
- 962.60
- Volume
- 1,50,83,265
- Average price today
- 972.82
- Circuit limits
- 943.70 to 1,002.00
- Industry
- Financial Services
Price alerts
News
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PSU bank stocks soar up to 8%, but HDFC, Axis and other private lenders fall up to 5% after Q2 results. Why the sharp divide?
PSU bank stocks rallied strongly after upbeat Q2 earnings led by PNB, while major private lenders like Axis Bank and HDFC Bank faced selling pressure despite profit growth due to missing specific estimates. This sharp divergence created a mixed performance across the banking sector, weighing slightly on the broader Nifty Bank index.
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Yes Bank shares rise as Q2 profit beats estimates, but AT1 bond verdict hit pegged at Rs 5,217 crore. What lies ahead?
Yes Bank reported better-than-expected Q2 net profit alongside improved asset quality and loan growth. However, the bank faces a potential Rs 5,217 crore hit following the Supreme Court's ruling upholding the set-aside of its previous AT1 bond write-off.
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Stock markets trim most of sharp early losses amid buying in SBI, Reliance Industries
Indian stock markets successfully recovered from steep early morning losses due to strong buying support in heavyweights like SBI and Reliance Industries. This intraday resilience highlights underlying market stability and persistent dip-buying interest at lower levels, which is crucial for swing traders gauging market sentiment.
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PC Jeweller shares soar 26% in just two sessions. Here’s what’s triggering the sharp surge
PC Jeweller shares surged following a block deal and the company achieving debt-free status after repaying all consortium bank dues ahead of schedule. Analysts remain optimistic about jewellery demand heading into the festive and wedding seasons, driven by organised players gaining market share.