State Bank of India reported a significant 10% year-on-year profit increase to ₹20,160 crore in the second quarter. This performance surpassed market expectations, driven by robust growth in retail, agriculture, and MSME advances. The bank also benefited from a profitable sale of its Yes Bank stake.
Negative Breakout: Suzlon Energy among 8 stocks that crossed below their 200 DMAs
In the Nifty500 pack, eight stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on July 28, according to stockedge.com’s technical scan data.