Friday, August 10, 2018

MARKET EYED SBI RESULT ON 10 AUG 2018

TOP GAINERS: Hero MotoCorp, Mahindra & Mahindra, ITC & Kotak Mahindra Bank 
TOP LOOSERS: State Bank of India, Sun Pharma, Vedanta, & Tata Motors
On Friday market was moving on all time high.. the Sensex retreated on Friday owing to profit-booking in recent gainers, including Reliance Industries was down by 1.13 %, State Bank of India and ICICI Bankwas down by  1.32 % amid weak global cues. Today SBI  was in focus. The bank attributed the net loss to lower trading income and significant mark-to-market losses due to hardening of bond yields and higher provision on account of wage revision and enhancement in the gratuity ceiling. 
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