At 10:22 AM; Nifty PSU Bank index, the top gainer among sectoral indices, was up 1.8 per cent, as compared to 0.19 per cent gain in the Nifty 50 on Monday.
On the bourses, SBI share price rose as much as 1.76 per cent to an intraday high of ₹818.75 per share.
Nifty PSU Bank, Nifty Private Bank and Nifty Bank index have outperformed the market,down in the range of 0.09 per cent to 0.25 per cent.
SBI could report a largely flattish net profit growth in Q1FY26, where slippages could rise for the agri-sector but loan book may improve, or even outpace, industry growth.
SBI stock trades at 2025 high; bank remains well-poised to sustain its growth momentum, supported by its comfortable LDR, which provides it with levers to accelerate credit growth, analysts.
Around 12 PM, the Nifty PSU Bank index was up 0.45 per cent, as compared to a 0.43 per cent decline in the Nifty 50
Raj Kumar Talwar was the longest-serving SBI chairman, with his term spanning from 1969 to 1976
PSU Bank shares in focus: At 10:37 AM; Nifty PSU Bank index was the top gainer among sectoral indices, up 2.4 per cent, as compared to 0.3 per cent decline in the Nifty 50.
The Nifty PSU Bank index has surged 30% from its March low, with 7 out of 12 bank stocks up more than 25%. Here's a technical outlook on key bank stocks - SBI, Bank of Baroda and Canara Bank.
At 01:37 PM; Nifty PSU Bank index, the top gainer among financial indices, was up 2.6 per cent, as compared to 0.25 per cent decline in Nifty 50.
Here is the complete list of stocks that will remain in the spotlight during trading sessions following their dividend announcements to shareholders as they go ex-date on Friday, May 16, 2025
In the previous trading session, Sensex gained 182.34 points, or 0.22 per cent, to settle at 81,330.56 level. The Nifty50, meanwhile, closed 88.55 points, or 0.36 per cent higher at 24,666.90 level.
Trent, Raymond, ACC, SBI, Tata Steel and Reliance were among the consistent gainers in one-month period post India-Pakistan conflicts, shows analysis of 262 commonly traded stocks during these periods
State Bank of India (SBI), Indian Overseas Bank (IOB), Uco Bank, Central Bank of India and Union Bank of India slipped between 1 per cent to 2 per cent in intraday deals on Monday
Thus far in the calendar year 2025, Nifty PSU Bank index has underperformed the market by falling 2.5 per cent, as compared to 2.8 per cent rise in the Nifty 50.
Technical charts indicate a likely mixed outlook for state-run banking shares. Bank of Baroda and IOB stocks seem to be favourably placed, while PNB and Canara Bank may witness downward pressure.
SBI's board, at a meeting scheduled for May 3, 2025, is expected to discuss and approve the proposal for raising equity during FY26.
The board of the state-run bank will discuss the proposal for fresh capital either through a follow-on public share sale, rights issue or qualified institutional placement on May 3
Shares of SBI and Axis Bank can potentially rally to new life-time highs, suggests technical charts. Bank of Baroda stock too can jump another 14% from present levels; here are the key levels to track
SBI, ICICI Bank, HDFC AMC among 5 financial stocks that can fall up to 15% as Fin Nifty sees 'Death Cross' on the daily chart for the first time since September 2022.