State Bank of India (SBI), part of the PSU banking space, has rallied more than 20% in the last 3 months but the stock recently bounced back from 1-year consolidation range breakout levels. Short-term traders can look to buy the stock for a possible target of Rs 841 in the next 1-2 months, suggest experts. … Read more
Shares of State Bank of India (SBI) fell nearly 2% to hit the day’s low of Rs 638.50 on the NSE on Monday after state lender’s high wage cost dented its earnings outcome. Yet top brokerages remain upbeat about the prospects of SBI shares on strong loan growth and its comfortable position in terms of … Read more
A clutch of top brokerages retained their buy view on PSU stock State Bank of India (SBI) after the bank reported steady September quarter earnings on Saturday, though they were slightly lower than the Street estimates. Net Interest Margins (NIMs) moderation surprised CLSA though the bank’s improving asset quality went in its favour. Kotak Institutional … Read more
Brokerage firm CLSA maintained a buy rating on SBI and upgraded Zomato to buy post Q2 results. CLSA also upgraded Titan Company to buy and BofA Securities recommended a buy on InterGlobe Aviation. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: CLSA on SBI: Buy| Target Rs … Read more