State Bank of India shares experienced their largest single-day drop in two years, falling nearly 7% after disappointing fourth-quarter earnings. The decline was attributed to reduced net interest margins and lower treasury income. Analysts suggest potential further dips, with support expected around the ₹970-990 zone.
Ignore market noise, India’s long-term story intact, say D-Street bulls Ramesh Damani and Sunil Singhania
Indian markets face temporary challenges with foreign outflows and geopolitical concerns. However, top investors Ramesh Damani and Sunil Singhania emphasize that India’s fundamental growth drivers