Like the international celebrity stands the mighty SBI (state bank of India). Internationally spread across the nooks and corners of India and abroad, SBI has 52 branches agencies and offices in thirty-two countries. Branches of the SBI are in Colombo Dhaka and Nepal, the nearest neighboring country from India. Abroad are Frankfurt, Hong Kong, Johannesburg, London and environs, Los Angeles, Male in the Maldives, Muscat, New York, Osaka, Sydney, and Tokyo. To add to its achievement it has offshore banking in Bahamas, Bahrain, and Singapore, and representative offices in Bhutan and Cape Town. According to Forbes the state bank of India is 29th most reputable company in the world.
SBI has due presence in Dubai International Financial Centre, and United Arab Emirates. Already having a branch in Shanghai, SBI plans to open up in Tianjin too. That clearly explains the economic strength of SBI. With over 16000 branches of SBI it has become the largest branch network in India. As per the annual reports, with an asset base of whooping two hundred and fifty billion dollar and one hundred and ninety-five billion dollar in deposit, it accounts for almost one-fifth of the national‘s loans.
In order to maintain its quality of service for short term and long term users and quick payment of money it has taken some stringent steps. It has reduced its unnecessary staff. The pay of the working staffs has been considerably increased. Proper computerization and security cameras have been placed, almost in every SBI. A few years back the company shares gave amazingly high returns to short term traders. It has attracted many to invest in it for long term benefits. People who have very little knowledge to buy or sell shares are also interested to gain some profit from the growth story of SBI. So, please be free in sharing your ideas and opinions in this platform…
Tags: SBI Report, Sell SBI, State Bank of India, Tips SBI
Hold SBI with a target of Rs 2120-2225 and then Rs 2350 in 2 months, says Salil Sharma of Kapoor & Sharma Company on CNBC Awaaz. The stock is currently trading at Rs 2050, down 0.98% on the BSE.
Buy SBI with target of Rs 2200 and stop loss of Rs 1900, says Hemen Kapadia, technical analyst, on NDTV Profit. The stock is currently trading at Rs 2050, down 0.98% on the BSE.
Hold SBI with target of Rs 2150, says a market analyst from Prabhudas Lilladher on NDTV Profit. The stock is currently trading at Rs 2066.15, down 0.2% on the BSE.
Buy SBI with target of Rs 2300 in 6-9 months and then Rs 2500 in one year, says Ashish Kapur of Invest Shoppe on CNBC Awaaz. The stock is currently trading at Rs 1994.50, up 0.9% on the BSE.
Sell SBI with a target of Rs 1850 and stop loss of Rs 1940, says Salil Sharma of Kapoor & Sharma Company, on CNBC Awaaz, as closing market strategy
Buy Nifty with a target of 4930 and stop loss of 4870, says Ramesh Arora, technical analyst, on Zee Business. Buy SBI with a target of Rs 1990 and stop loss of Rs 1920, he adds.
Buy SBI with targets of Rs 2000-2030 and stop loss below Rs 1905, says Mitesh Thacker, technical analyst, on CNBC TV18. The stock is currently trading at Rs 1948.30, up 0.7% on the BSE
Sell SBI on a pullback with target of Rs 1815 and stop loss of Rs 1950, says Anu Jain, technical analyst, on CNBC TV18. The stock is currently trading at Rs 1928, up 0.7% on the BSE.
This is the right time to start buying for 9-12 months but one needs to be selective when picking stocks, says Ambareesh Baliga of Karvy Stock Broking on CNBC Awaaz. He advises buying SBI at current levels.
Hold SBI with long-term view, says DD Sharma of Anand Rathi Securities on CNBC Awaaz. He is positive on this counter for its fundamental strength. The stock is currently trading at Rs 1982, down 0.97 on the BSE.
Hold SBI with long-term view, says DD Sharma of Anand Rathi Securities on CNBC Awaaz. He is positive on this counter for its fundamental strength. The stock is currently trading at Rs 1982, down 0.97 on the BSE
Buy SBI with a target of Rs 2203 and stop loss of Rs 2144, says Hemen Kapadia, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 2171, up 0.67% on the BSE.
Buy SBI on dips to around Rs 2100-2150, says Ashwani Gujral, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 2302, up 0.7% on the BSE.
Buy SBI with target of Rs 2350, says Salil Sharma, technical analyst, on NDTV Profit. The stock is currently trading at Rs 2213, up 0.2% on the BSE.
Sell SBI with target of Rs 2080 and stop loss of Rs 2210, says Shrikant Chouhan of Kotak Securities on NDTV Profit. The stock is currently trading at Rs 2164.40, up 0.8% on the BSE.
Hold Aban Offshore with long-term target of Rs 1600 or switch to SBI for better gains, says Rajesh Agarwal of CD Equisearch on NDTV Profit. The stock is currently trading at Rs 1168, down 0.34% on the BSE.
The market is showing some weakness and the Nifty may test levels of 4960-4970 and then find some support, says Rahul Mohinder, technical analyst, on CNBC TV18. He advises selling SBI below Rs 2150 with target of Rs 2080. The stock last traded at Rs 2165.45, up 0.6% on the BSE.
Buy SBI on every dips and in staggered fashion, says PK Agarwal of Purpleline Investment on Zee Business. It has possibility of going above Rs 2500, he adds. The stock is currently trading at Rs 2140.40, down 0.6% on the BSE.
This is a buy on dips market as the medium to long-term uptrend is intact, says Rahul Mohindar, technical analyst, on CNBC Awaaz. Buy Nifty with a target of 5230 and stop loss of 5080, he adds. The banking stocks look good for the medium term and can be bought on any dips, he adds. Buy SBI with a target of Rs 2400 and stop loss of Rs 2250, he says.
Buy SBI with target of Rs 2384 and stop loss of Rs 2265, says Ashwani Gujral, technical analyst, on CNBC TV18. The stock is currently trading at Rs 2317, up 0.9% on the BSE
Buy SBI with target of Rs 2384 and stop loss of Rs 2265, says Ashwani Gujral, technical analyst, on CNBC TV18. The stock is currently trading at Rs 2317, up 0.9% on the BSE.
Exit SBI which is in a mild downtrend now, says Neera Jain, technical analyst, on NDTV Profit. Buy again at its support of Rs 2100 or once it crosses Rs 2400, she adds. The stock is currently trading at Rs 2251, down 1.28% on the BSE.
Sell SBI at Rs 2281 with intra-day target of Rs 2250 and stop loss of Rs 2300, says Simi Bhaumik, technical analyst, on Zee Business. The stock last traded at Rs 2280.45, down 2.6% on the BSE.
Exit SBI which is in a mild downtrend now, says Neera Jain, technical analyst, on NDTV Profit. Buy again at its support of Rs 2100 or once it crosses Rs 2400, she adds. The stock is currently trading at Rs 2251, down 1.28% on the BSE.
Sell SBI at Rs 2281 with intra-day target of Rs 2250 and stop loss of Rs 2300, says Simi Bhaumik, technical analyst, on Zee Business. The stock last traded at Rs 2280.45, down 2.6% on the BSE.