Shares of State Bank of India will be in focus after the bank informed that it will raise rates on deposits worth Rs1cr or more by 100 basis points effective from today.
The rate on deposits with maturity of seven days to 45 days will rise to 4.75%, while those on deposits with maturity of 211 days to less than 1 year will climb to 5%.
In the last trading session, State Bank of India ended at Rs 326.85, down by Rs 1.95 or 0.59% from its previous closing of Rs 328.8 on the BSE. The stock had opened at Rs 326.85 and touched a high and low of Rs 326.85 and Rs 326.85 respectively. The stock traded above its 50 DMA.
The rate on deposits with maturity of seven days to 45 days will rise to 4.75%, while those on deposits with maturity of 211 days to less than 1 year will climb to 5%.
In the last trading session, State Bank of India ended at Rs 326.85, down by Rs 1.95 or 0.59% from its previous closing of Rs 328.8 on the BSE. The stock had opened at Rs 326.85 and touched a high and low of Rs 326.85 and Rs 326.85 respectively. The stock traded above its 50 DMA.
Zoom:
***Note: This is a NSE Chart
Advertisements
- Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
- Now Save Rs.3150 on your Demat Account ...Click here
- Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
- Get the most detailed result analysis on the web - Real Fast!
- Actionable & Award-Winning Research on 500 Listed Indian Companies.
No comments:
Post a Comment