📉 SBI Shares Sink 7% After Weak Q4 Earnings Shock Markets

State Bank of India (

) shares tumbled nearly 7% after the banking giant posted weaker-than-expected Q4 results, dragging the PSU Bank index lower by around 3–4%. The sharp decline came as SBI’s treasury income plunged to Rs 1,259 crore from Rs 8,991 crore a year ago, denting overall profitability and disappointing investors. The stock hit a four-week low of Rs 1,010.90 on the NSE before recovering slightly to close at Rs 1,018.40, down 6.74%. Selling pressure spread across PSU banking stocks, with almost all index constituents ending in the red, reflecting broader concerns over earnings momentum in the sector. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.