Shares of State Bank of India Ltd. will be in focus during Friday’s trading session after the country’s largest lender reported a December quarter profit beat due to lower credit costs, but a miss on net interest margin (NIM) and operating expenses (opex). Company Value Change %Change SBI’s asset quality remained strong, with a quarter-on-quarter […]
SBI shares among ‘top picks’ for Jefferies; Stock may jump as much as 22% – CNBC TV18
Shares of State Bank of India Ltd. will be in focus in Monday’s trade after the country’s largest lender reported mixed results for the September quarter. Global brokerage firm Jefferies maintained its ‘Buy’ recommendation on the stock and increased its price target to ₹1,030 from ₹1,000 earlier. The revised price target implies a potential upside […]
Trade Setup for November 8: Nifty looks for a clear direction as all eyes back on Jerome Powell – CNBC TV18
The Indian equity markets witnessed profit booking on Thursday after a huge surge over the last two trading sessions. A 300-point drop after hitting an intraday high of 24,503.35 may not have pleased the Nifty bulls, who are now positioning themselves for the outcome from the US Federal Reserve’s policy decision. The Nifty 50 concluded […]
SBI shares to hit levels of ₹1,050? Here’s what a chartist has to say – CNBC TV18
Shares of State Bank of India Ltd., India’s largest lender, have corrected as much as 8% so far in the month of August. However, the PSU bank stock is expected to see its share price hit four digits in the next 12 months. If one can hold shares of the public sector lender SBI, for […]