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Covesting Technologies Pvt Ltd

17th May · SEBI-Registered Analyst

Stock Market Update | SBI Shares Under Pressure! State Bank of India (SBI) shares witnessed heavy selling after the bank reported weaker-than-expected Q4 earnings and margin pressure. The stock has lost over $11 billion in market value in just two trading sessions as investors reacted to lower profitability and narrowing net interest margins. 👉 Key takeaway for investors: Banking stocks may remain volatile in the short term as rising funding costs continue to pressure margins across the sector.

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