Page 5 - State Bank of India News

Nifty PSU Bank index slips 8% in 2 days; Indian Bank, BOB down up to 11%

Despite the past two days decline, the Nifty PSU Bank index has outperformed the market by surging 21%, as against 1% rise in the Nifty 50 in the past five months.

Budget 2026 stock market crash: Sensex dips 2,800pts, Nifty 869pts intraday

Budget 2026 impact: The Sensex and the Nifty crashed over 3 per cent each from the respective day's high after FM proposed to hike STT on F&O trading. RIL and SBI were the major laggards.

PSU banks reel after Budget 2026; shares fall up to 7%: Here's why

All the PSU Bank index constituents were trading lower, with Bank of India, Bank Maharashtra, Indian Bank, Bank of Baroda, and Union Bank of India falling in the range of 3 to 7 per cent

SBI market cap touches ₹10 trn; stock hits new high, zooms 36% in 6 months

The stock price of SBI hit a new high of ₹1,083.95 on the BSE in Sunday's intra-day trade and has rallied 10% thus far in the calendar year 2026.

SBI launches CHAKRA, to invest ₹100 trn in sunrise sectors over 5 years

The country's largest lender has set up a Centre of Excellence to support financing of sectors such as renewable energy, semiconductors, electric mobility and data centres, with large capital needs

These are most overbought, oversold stocks on BSE, NSE ahead of Budget 2026

A technical scan on Nifty 500 stocks reveals that 6 shares were trading in overbought territory based on the RSI parameter, while 66 languished in the oversold zone a day ahead of the Union Budget.

State Bank of India, HDFC Bk, ICICI Bk shares have more upside, finds study

S&P Global Market Intelligence data compiled on January 21 shows that three Indian banks account for a major share of regional upside potential, even as several peers trade closer to fair value.

Stocks to buy today: SBI, JSW Steel among top bets; check target price

Stocks to buy today: Vinay Rajani of HDFC Securities suggests buying SBI, JSW Steel, along with Nifty strategy; check details

SBI up 6% in Jan, pips ICICI Bank in market cap ranking after 6 years

In the past six months, the stock price of SBI has surged 31 per cent, as compared to 10.2 per cent decline in market price of ICICI Bank and 8.6 per cent fall in HDFC Bank.

SBI rallies 3%, stock hits all-time high; what's driving PSB giant?

SBI stock has outperformed in January with a gain of 7 per cent thus far. The bank's chairman expects private investment to rebound once global trade and US tariff-related disruptions settle.