If you only need 1 stock to add in dips or do SIP, it is #SBIN. Trust our institutions! :-)

https://www.moneycontrol.com/news/business/at1-bonds-make-a-comeback-with-rs-18000-cr-issuances-this-year-more-banks-likely-to-join-9165881.html #BANKBARODA #HDFCBANK #MAHABANK #SBIN #YESBANK

https://economictimes.indiatimes.com/markets/stocks/news/reliance-retail-ventures-jio-raise-rs-8500-crore-by-selling-cps/articleshow/94034418.cms #BANKINDIA #IDEA #JMFINANCIL #RELIANCE #SBIN

Earlier when someone talked about PSU Banks like #SBIN or #CANBK or #BANKBARODA or FMCG Kings #HINDUNILVR or #ITC, it showed defensive mindset. Now it's not the case. Now these names are inviting aggressive bets, and that's where whole stock market thought process has changed in last few months. Maybe due to influx or young blood or something else I don't know but I am liking this change. Bharat needs more of this change. @nikhilmaheshwari

https://economictimes.indiatimes.com/news/politics-and-nation/modi-govt-destroying-indian-economy-with-its-cluelessness-incompetence-congress/articleshow/93947755.cms #SBIN

🌟 Important Triggers for the day 🌟 ♦️ American markets trading at 3 month high with Dow jones and Nasdaq gained nearly 775 and 300 points, respectively in the last two days. ♦️ SGX Nifty up by 60 points and trading near 17850 levels while Dow futures trading flat. ♦️ Crude oil fell about 5% trading near $95 during the slowdown in china. ♦️ #ONGC profit up by 70% ,presented a mixed set of results ♦️ #SBIN increased loan interest rates by half a percent. ♦️ #MnM planning to launch 5 EVs by the end of 2024. ♦️ Syrma SGS Tech #IPO was filled nearly 37% with a price band of 209-220. ♦️ Retail inflation stood at 5 month low

SBI Quarterly results are out! 🏦🏦 SBI shares fell by over 3 percent in the morning session as the quarterly result released on august 6th could not match analyst expectations. ⬇️Bank’s net profit has declined by over 7% from Rs 6,504 Cr June 2021-22 to Rs 6,068 Cr June 2022-23. ⬇️Standalone revenue has declined to Rs 74,998.57 Cr June 2022-23 against Rs 77,347.17 Cr in June 2021-22 ⬆️Net Interest Income (Difference between interest income the bank earns from giving out loans and the interest it pays to the depositors) grew by 12.87% to Rs 31,196 Cr in the June quarter. ⬆️Provisions towards bad loans have decreased by 15% to Rs 4268 Cr aiding net profit growth. Net profit has mainly declined due to the losses incurred in fixed income securities investments. In the past couple of months, Bond Yield has been rising and consequently, bond prices have increased leading to losses for the bank which have to be reported on the books of accounts of the bank. SBI’s Chairman Mr Dinesh Khara has mentioned that the bank will take necessary steps to avoid losses due to the fixed income securities segment. What are your views on SBI’s quarterly performance❓ #SBIN #InvestmentIdeas

https://economictimes.indiatimes.com/markets/stocks/news/buy-sell-or-hold-what-should-investors-do-with-sbi-post-june-quarter-results/articleshow/93421582.cms #SBIN

For intraday trading tomorrow #TATAPOWER above 235 can be a good option for long, and #SBIN will be for short below 524 with a RR 1:2

#NIFTY50 #Sbin Result SBI Q1 : ST NET PROFIT DOWN 6.7 % AT 6068 CR (YOY) , DOWN 33 % (QOQ) NII UP 13 % AT 31196 CR (YOY), FLAT (QOQl SBI Q1 : GROSS NPA AT 3.91% V 3.97 % (QOQ) GROSS NPA AT 1 % V 1.02 % (QOQ) SBI Q1 : OPERATING PROFIT DOWN 32 % AT 12,752 CR (YOY), DOWN 35 % (QOQ) SBI Q1 : PROVISON DOWN 56 % AT 4392 CR (QOQ)

https://www.moneycontrol.com/news/business/banks/sbi-releases-q1fy23-results-here-are-top-five-takeaways-8968721.html #SBIN

SBI Q1 results: Beating the street estimates by a huge margins, the State Bank of India (SBI) has reported year-on-year (YoY) dip of 6.7 per cent in net profit to ₹6,068 crore in Q1FY23 against ₹6.504 core in Q1FY22. India's largest commercial bank has reported rise in its net interest income (NII) from ₹27,638 crore in Q1FY22 to ₹31,196 crore in Q1FY23, logging near 12.87 per cent rise on YoY basis. SBI shared these q1 earnings while announcing its Q1FY23 results on Saturday. #SBIN

SBI Q1 results: Net profit dips 6.7% to ₹6,068 crore, NII rises 12.87% #SBIN

https://economictimes.indiatimes.com/wealth/invest/are-fd-rates-headed-towards-8-after-rbi-repo-rate-hike/articleshow/93349896.cms #INDUSINDBK #KOTAKBANK #RBLBANK #SBIN #YESBANK

Good morning, friends! I hope you're doing well. Yesterday's market was volatile and somehow we ended in green. Let's see what are the levels for today... #NIFTY50 17250 as mentioned yesterday was a level to watch out for. It did break it and made a lot of 17215 but closed above it, infact closed in green above 17340. Thus, no change in yesterday's levels. Sell below 17300 and Buy above 17350. Below 17250 on DCB, we may again see 17000/16900 levels. Above 17450, we may see 17550/17700+ #NIFTYBANK Looked comparatively stronger and managed to achieve closing above 38000. Above 38200, it may do 38800-39200. Good support around 37700-37600 which needs to be broken for some decent profit booking. Overall fuelled by PSU banks, looks like this rally may continue further. Keep stocks like #BANKBARODA & #SBIN in radar for coming days, and ofcourse don't forget yesterday's under-performer #HDFCBANK as it may again start doing well. As mentioned yesterday, I'd a little cautious for longs. Not bearish, just a little cautious. Keep your longs hedged. Wishing you a profitable day ahead! @nikhilmaheshwari

Can look for Fresh Buy Medium Term Trade ✅️Buy State Bank of India at CMP 508 ✅️Buy on dips till 490 levels 🚩SL 470 🎯 Targets 550/600+ #SBIN

#SBIN 480PE buy at cmp 8.5-8.6 tar 10.5 12.5 sl 7 BTST

BULLISH STOCKS FOR THE DAY, BUY IN DIPS: #CANBK #SBIN #ADANIPOWER #TATAPOWER