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SBI, Bank of Baroda gain ahead of Q3 results

SBI and Bank of Baroda were up 2% each on the BSE in noon deal trade

SBI, bank, state bank, state bank of india
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Logo of State Bank of India

SI Reporter Mumbai
Shares of State Bank of India (SBI) and Bank of Baroda (BOB) gained 2% on BSE in noon deal trade ahead of their October-December (Q3) results today.

The stock of SBI, India’s largest state-owned bank, was trading at Rs 281, close to its 52-week high of Rs 289, touched on November 11, 2016 in intra-day trade. In past one month, it outperformed the market by gaining 13% as compared to 5% rise in the benchmark S&P BSE Sensex.

BOB rallied 2% to Rs 189 on the BSE. The stock hit 52-week high of Rs 192 on Monday, February