State Bank of India

State Bank of India announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 15 May 2026.

The proposed IPO comprises up to 20,37,09,239 equity shares with a face value of Re 1 each, representing up to 10.0013% of the company's paid-up equity share capital. The issue is entirely an offer for sale (OFS). As a part of OFS, SBI plans to offload 12,83,34,397 equity shares (amounting to 6.30% stake) while Amundi India Holding will sell up to 7,53,74,842 equity shares (about 3.70% stake). For FY25, SBI Funds Management's total income stood at Rs 4,230.92 crore(0.64% of total income of SBI Group) The company's reserves & surplus was at Rs 5,108.56 crore, accounting for 1.19% of SBI Group's total reserve and surplus. State Bank of India is engaged in providing a wide range of products and services to individuals, commercial enterprises, large corporates, public bodies, and institutional customers. The bank reported a 24.49% jump in net profit to Rs 21,028 crore on a 9.69% increase in total income to Rs 140,915 crore in Q3 FY26 as compared with Q3 FY25.Powered by Capital Market - Live

The bonds are issued for a tenor of 10 years, with call option after 5 years and each anniversary date thereafter. These bonds are rated 'AAA' with 'stable' outlook from CRISIL Ratings and India Ratings and Research. The bank further informed that the issue had attracted strong response from investors with bids of approximately 2 times against the base issue size of Rs 5,000 crore. The total number of bids received was 47 indicating participation from diverse set of qualified institutional bidders. The investors were across provident funds, pension funds, mutual funds, banks etc. Based on the response, the bank decided to accept Rs 6,051 crore at a coupon rate of 7.05% payable annually for a tenor of 10 years. State Bank of India is engaged in providing a wide range of products and services to individuals, commercial enterprises, large corporates, public bodies, and institutional customers. The bank reported a 24.49% jump in net profit to Rs 21,028 crore on a 9.69% increase in total income to Rs 140,915 crore in Q3 FY26 as compared with Q3 FY25. The scrip rose 0.54% to currently trade at Rs 1069.70 on the BSE. Powered by Capital Market - Live

State Bank of India is down for a fifth straight session today. The stock is quoting at Rs 1152.2, down 1.48% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.68% on the day, quoting at 24597.8. The Sensex is at 79386.06, down 0.79%.State Bank of India has added around 0.54% in last one month.Meanwhile, Nifty Bank index of which State Bank of India is a constituent, has eased around 3.98% in last one month and is currently quoting at 59055.85, down 1.35% on the day. The volume in the stock stood at 139.2 lakh shares today, compared to the daily average of 182.39 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 1157.8, down 1.42% on the day. State Bank of India jumped 57.24% in last one year as compared to a 9.07% rally in NIFTY and a 20.12% spurt in the Nifty Bank index.The PE of the stock is 14.32 based on TTM earnings ending December 25.Powered by Capital Market - Live

The bank added that he has been relieved from the services of the bank at the close of business hours on 2 March 2026, as 3 March 2026 is a public holiday. State Bank of India is engaged in providing a wide range of products and services to individuals, commercial enterprises, large corporates, public bodies, and institutional customers. The bank reported a 24.49% jump in net profit to Rs 21,028 crore on a 9.69% increase in total income to Rs 140,915 crore in Q3 FY26 as compared with Q3 FY25.Powered by Capital Market - Live

State Bank of India rose for a fifth straight session today. The stock is quoting at Rs 1221.8, up 1.13% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.22% on the day, quoting at 25738.7. The Sensex is at 83523, up 0.3%. State Bank of India has added around 17.66% in last one month. Meanwhile, Nifty Bank index of which State Bank of India is a constituent, has added around 2.12% in last one month and is currently quoting at 60949.1, up 0.35% on the day. The volume in the stock stood at 116.22 lakh shares today, compared to the daily average of 150.5 lakh shares in last one month. The benchmark February futures contract for the stock is quoting at Rs 1216.6, up 0.96% on the day. State Bank of India is up 68.34% in last one year as compared to a 12.17% gain in NIFTY and a 24.6% gain in the Nifty Bank index.The PE of the stock is 14.77 based on TTM earnings ending December 25.Powered by Capital Market - Live

State Bank of India announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 27 March 2026.Powered by Capital Market - Live

The Nifty February 2026 futures closed at 25,989.70 a premium of 35.85 points compared with the Nifty's closing at 25,953.85 in the cash market. In the cash market, the Nifty 50 index advanced 18.70 points or 0.07% to 25,953.85. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, fell 1% to 11.56. State Bank of India(SBI), Bharat Heavy Electrical (BHEL) and HDFC Bank were the top-traded individual stock futures contracts in the F&O segment of the NSE. The February 2026 F&O contracts will expire on 24 February 2026.Powered by Capital Market - Live

The Nifty 24 February 2026 futures closed at 25,909, a premium of 41.7 points compared with the Nifty's closing at 25,867.30 in the cash market. In the cash market, The Nifty 50 index jumped 173.60 points or 0.68% to 25,867.30. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rose 2.09% to 12.19. State Bank of India (SBI), HDFC Bank and Kalyan Jewellers India were the top-traded individual stock futures contracts in the F&O segment of the NSE. The February 2026 F&O contracts will expire on 24 February 2026.Powered by Capital Market - Live

The key domestic indices ended with major gains, extending gains for second consecutive trading session, supported by FII buying amid optimism over the recently concluded India-US trade agreement and positive global cues. Sentiments further lifted by key agreements signed between India-Malaysia. Investors will continue to monitor developments in the ongoing Q3 earnings season. The Nifty ended above the 25,850 mark. All the sectoral indices on the NSE were ended in the green, led by gains in Media, Consumer Durables and PSU Bank shares. As per provisional closing data, the barometer index, the S&P BSE Sensex jumped 485.35 points or 0.58% to 84,065.75. The Nifty 50 index rallied 173.60 points or 0.68% to 25,867.30. In the two consecutive trading sessions, Sensex and Nifty jumped 0.90% and 0.88%, respectively. The broader market outperformed the frontline indices. The BSE 150 MidCap Index climbed 1.66% and the BSE 250 SmallCap Index surged 2.45%. The market breadth was strong. On the BSE, 3,101 shares rose and 1,257 shares fell. A total of 179 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, jumped 2.09% to 12.19. Buzzing Index: The Nifty Media index surged 4.37% to 1,451.50. The index declined 0.26% in the previous two trading sessions. Saregama India (up 6.2%), Sun TV Network (up 5.49%), Nazara Technologies (up 5.41%), Hathway Cable & Datacom (up 4.9%) and Prime Focus (up 4.48%) were the top gainers. Among the other gainers were Network 18 Media & Investments (up 4.18%), PVR Inox (up 3.88%), Tips Music (up 3.86%), Zee Entertainment Enterprises (up 3.52%) surged. India-Malaysia sign key agreements Prime Minister (PM) Narendra Modi visited Malaysia from 7 February to 8 February 2026 and held bilateral talks with Malaysian PM Anwar Ibrahim. The wide-ranging talks during the two-day official visit, marked a significant step in strengthening the Comprehensive Strategic Partnership between India and Malaysia. India and Malaysia has signed 11 Memorandums of Understanding (MoUs) and exchanged several bilateral documents across a broad range of sectors during Prime Minister Narendra Modi's two-day official visit to Kuala Lumpur. The agreements, signed in the presence of PM Modi and his Malaysian counterpart Anwar Ibrahim following delegation-level talks, span trade and investment, semiconductors, digital economy, healthcare, security cooperation and peacekeeping, officials said. The two leaders launched Malaysia-India Digital Council (MLDC) and backed NPCI'PayNet payment link, paving way to introduce India's Unified Payments Interface (UPI) system in Malaysia. This initiative will simplify cross-border payments for businesses and travellers and strengthen financial ties between the two economies. Stocks in Spotlight: State Bank of India has rallied 7.46% after the bank reported 24.49% jump in net profit to Rs 21,028 crore on a 9.69% increase in total income to Rs 1,40,915 crore in Q3 FY26 as compared with Q3 FY25. Tata Steel added 2.56% after the steelmaker reported a sharp 723.14% jump in consolidated net profit to Rs 2688.70 crore on 6.4% increase in revenue from operations to Rs 56,646.05 crore in Q3 FY26 over Q3 FY25. Hi-Tech Pipes added 5.68% after the company announced the commencement of commercial production at its Sikandrabad, Unit-III (Uttar Pradesh) greenfield manufacturing facility. The Sikandrabad facility hosts a production capacity of 0.12 million tons. It would specialise in the production on ERW pipes and hollow sections. The company has reported 14.2% fall in consolidated net profit to Rs 17.38 crore despite a 24.6% increase in net revenue from operations to Rs 1,069.58 crore in Q3 FY26 as compared with Q3 FY25. Ganesha Ecosphere hit an upper circuit of 20% after the company delivered a decisive sequential recovery in Q3 FY26. On a sequential basis, Ganesha Ecosphere returned to profitability in Q3 FY26, with consolidated net profit at Rs 4.75 crore compared with a loss of Rs 0.50 crore in Q2 FY26. Revenue from operations eased 1.7% QoQ to Rs 357.22 crore. On a year-on-year basis, consolidated net profit declined 84% YoY from Rs 29.71 crore in Q3 FY25, while revenue from operations fell 10.2% YoY from Rs 397.80 crore. Shipping Corporation of India hit the upper circuit of 20% after the company reported a 436.24% surge in consolidated net profit to Rs 404.97 crore in Q3 FY26, compared with Rs 75.52 crore in Q3 FY25. Revenue from operations increased 22.5% year-on-year to Rs 1,611.67 crore for the quarter ended 31 December 2025. Kalyan Jewellers India zoomed 15.26% after its consolidated net profit surged 90.24% to Rs 416.29 crore in Q3 FY26, supported by a 42.17% increase in revenue from operations to Rs 10,343.4 crore compared to the same period last year. JK Tyre & Industries gained 2.42% after the company's consolidated net profit surged 294.96% to Rs 207.75 crore on a 14.95% increase in revenue from operations to Rs 4,222.96 crore in Q3 FY26 over Q3 FY25. Ram Ratna Wires soared 10.06% after the company reported a 73.1% jump in consolidated net profit to Rs 31.28 crore on 43.8% rise in revenue from operations to Rs 1,277.93 crore in Q3 FY26 over Q3 FY25. Atul Auto surged 8.64% after the company's consolidated net profit zoomed 98.06% to Rs 15.35 crore in Q3 FY26 as against Rs 7.75 crore posted in Q3 FY25. Total revenue from operations grew by 18.39% year-on-year (YoY) to Rs 230.86 crore in the quarter ended 31 December 2025. Global Markets: European market advanced while Asian markets ended higher on Monday, led by a surge in Japanese stocks following Prime Minister Sanae Takaichi's historic landslide election victory. The ruling Liberal Democratic Party captured a two-thirds supermajority in the 465-seat lower house, public broadcaster NHK reported. A decisive win for Takaichi could be the 'best outcome' for markets over the medium term, as strategic investments and tax reform bolster equities, said Sree Kochugovindan, media report said. Japanese stocks have hit several highs over the past few months, driven by the so-called 'Takaichi trade' as markets expect the prime minister's economic policies ' seen as growth‑focused continuation of Abenomics ' to boost equities, while weakening the yen as she pushes for a looser monetary policy and higher government spending. U.S. President Donald Trump congratulated Takaichi on her victory in a TruthSocial post. Last Friday in the U.S., stocks surged as tech names recovered following several days of heavy selling in the sector and bitcoin rebounded following a rout that took the popular cryptocurrency down more than 50% from its high in October last year. The Dow Jones Industrial Average advanced 1,206.95 points, or 2.47%, closing at 50,115.67. Friday marked the first time the Dow exceeded the 50,000 level. The S&P 500 jumped 1.97% and ended at 6,932.30, while the Nasdaq Composite advanced 2.18% to 23,031.21. With those moves, the S&P 500 climbed back into the green for 2026. Even with Friday's rise, the S&P 500 posted a 0.1% decline for the week, while the Nasdaq fell 1.8% on the week. The 30-stock Dow rose 2.5% week to date, benefiting from some rotation into some economically cyclical stocks even as the overall market was weighed down by tech selling.Powered by Capital Market - Live