SBI shares extend fall to 20% from peak after Q4 NIMs contraction rattles investors. What's ahead for investors?
The Economic Times·2026-05-13 13:12
SBI shares have lost momentum since hitting their 52-week high of Rs 1,235 on the NSE. The stock rallied 60% between May and February, outperforming the sector and most of its PSU bank peers. But its underperformance is not an isolated event as domestic markets have had a rough ride in 2026, so far. While Nifty and Bank Nifty are down 10% year-to-date, the sectoral benchmark Nifty PSU bank has declined over 5% in this period. The PSU lender's net interest income (NII) stood at Rs 44,380 crore, sliding 1.35% ...