The combined market valuation of the top-10 domestic firms eroded sharply by ₹4.48 lakh crore last week, in tandem with a steep decline in equities, with banking majors State Bank of India and HDFC Bank taking the biggest hit. Last week, the BSE benchmark Sensex tanked 4,354.98 points or 5.51 per cent, and the NSE…
Keeping its losing streak for the third straight session on Friday, March 13, State Bank of India (SBI), the country’s largest bank, dropped another 3% to the day’s low of ₹1,052.60 apiece as investor concerns grew that rising yi bondelds could put pressure on banks’ treasury portfolios, given that state-owned banks maintain large holdings of…
Stock market today: The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open on a positive note on Monday, supported by strong global cues after the US Supreme Court invalidated broad-based tariffs. However, sentiment may remain cautious as Donald Trump subsequently increased the new global tariff rate to 15%. Indicators from…
New Delhi, Feb 22 (PTI) The combined market valuation of six of the top-10 valued firms climbed. ₹63,478.46 crore last week, led by Larsen & Toubro and State Bank of India, which emerged as the biggest winners. The 30-share BSE Sensex rose 187.95 points, or 0.22 per cent, over the past week. Also Read |…
After emerging as top performers in 2025, PSU banking stocks have continued their upward trajectory this year, with investors maintaining a constructive stance on the sector, resulting in a majority of constituents scaling fresh record highs even as the broader market remains volatile. The rally is underpinned by robust December quarter earnings, supported by an…
State Bank of India (SBI), the country’s largest government bank, has become the fourth largest company in the country in terms of market cap. At market close, the market cap of SBI increased to Rs 10.9 lakh crore, which is more than the market cap of Tata Consultancy Services (TCS) of Rs 10.53 lakh crore….
Photo : ET NOW SWADESH Digital State Bank of India Chairman CS Shetty told the future growth plan. exclusive After the results in the December quarter, the shares of State Bank of India (SBI) are seeing a rise of more than 7 percent. Due to this growth, the market cap of SBI has increased, after…
SBI Share Price Target : Shares of State Bank of India (SBI) opened with a gain of 6% on Monday, February 9. At the end of the December quarter, the bank beat market estimates with 24% growth in net profit. The bank overtook private banks like ICICI Bank and HDFC Bank in loan growth, and…
SBI Q3 Results: India’s largest lender State Bank of India (SBI) will be in focus on Monday, February 9, after reporting its highest-ever standalone quarterly profit for the December quarter of FY26. The public sector banking major posted a 24.5% year-on-year jump in standalone net profit to ₹21,028 crore in Q3 FY26, compared with ₹16,891.44…
Some of Wall Street’s biggest banks have opted out of advising on a planned $1.4 billion initial public offering of India’s SBI Funds Management Ltd. because of low fees, according to people familiar with the matter. Citigroup Inc., which was part of the initial list of mandated advisers, pulled out over fees, the people said,…
