Shares of State Bank of India (SBI) on Thursday jumped over 6 per cent after the company’s asset quality improved substantially in December quarter.
The stock rose 5.73 per cent to close at Rs 355.10 on BSE. During the day, it zoomed 6.59 per cent to its 52-week high of Rs 358.
On NSE, it gained 6.55 per cent to settle at Rs 357.95.Its market valuation gained Rs 17,179.96 crore to Rs 3,16,912.96 crore on BSE. On the traded volume front, 65.26 lakh shares were traded on BSE and over 14.52 crore on NSE.