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PSU stocks back in action; Power Grid, SBI, NTPC among top Nifty 50 gainers

Investors seem to have shrugged off intiitial concerns over the lower-than-expected majority garnered by the BJP in Lok Sabha polls. However, even with a coalition government at the helm, investors remain confident of seeing a continuity in policy.

Stock Radar: SBI, IIFL Finance, NLC India, GPT Infraprojects, LTIMindtree in focus on Wednesday

Container Corporation of India, Wipro, Nuvama Wealth Management, Zee Entertainment Enterprises, Roto Pumps, Texmaco Rail &amp; Engineering, and Uflex will also be in focus on Wednesday.

Setback for Jaiprakash Associates as NCLT admits insolvency plea by ICICI Bank, SBI

Jaiprakash Associates has a principal debt of Rs 17,700 crore and a total outstanding debt of Rs 29,361 crore including interest. In all, 22 lenders have exposure to JP Associates' debt.

Sensex, Nifty hit new highs, clock best single-day gains since Feb 2021, as exit polls show Modi victory

Analysts also attributed the rally in the Indian equity market to India's GDP exceeding estimates at 8.2 percent for FY24, a reduction in the fiscal deficit, an early monsoon advancement, and a 10 percent rise in GST collections to Rs 1.73 lakh crore in May.

SBI surges to become seventh Indian listed company with Rs 8 lakh crore market capitalisation

State run lender State Bank of India becomes seventh Indian firm to surpass Rs 8 lakh crore market cap with its shares soaring over 40 percent so far this year.

Stock Radar: Awfis Space Solutions, KFin Technologies, Tata Steel, Cummins India, CESC in focus on Thursday

Nearly 900 companies will release their quarterly earnings scorecard on May 30 including Apollo Hospitals Enterprise, Bharat Dynamics, Concord Drugs, Gateway Distriparks, Godfrey Phillips, Hinduja Global Solutions, and Lux Industries

SBI asks employees to take approval before opening demat accounts outside the group

A breach of these instructions will be treated as gross misconduct and punished, the bank has said in an internal circular.

Trade Spotlight: How should you trade IndusInd Bank, Maruti Suzuki, Axis Bank, SBI and others?

The market has reached near the crucial resistance of 23,000 on the Nifty 50, and it needs to give a strong close above the same for further upward journey from hereon.

SBI sees no major impact on capital adequacy from RBI project financing draft

Chairman Dinesh Khara assured that the bank has the capacity to absorb any additional provisioning required by the regulator without delay

SBI Q4 net profit rises 24% to Rs 20,698 cr, declares Rs 13.70 dividend

SBI's asset quality improves in Q4 as gross NPA ratio improves by 54 bps YoY and net NPA ratio improves by 10 bps YoY.

State Bank of India engages in the provision of public sector banking, and financial services statutory body. It operates through the following segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business. The Treasury segment includes the investment portfolio and trading in foreign exchange contracts and derivative contracts. The Corporate/Wholesale Banking segment consists of lending activities of Corporate Accounts Group, Commercial Clients Group, and Stressed Assets Resolution Group that provides loans and transaction services to corporate and institutional clients and further include non-treasury operations of foreign offices. The Retail Banking segment refers to the retail branches, which primarily includes personal banking activities including lending activities to corporate customers. The Other Banking business segment focuses on the operations of all the non-banking subsidiaries and joint ventures of the group. The company was founded on January 27, 1921 and is headquartered in Mumbai, India.

Volume	12.08M
52-Wk High	912.00
52-Wk Low	543.20

SBIN.NSE State Bank of India

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