Shares of State Bank of India (SBI) and Bank of Baroda (BOB) gained 2% on BSE in noon deal trade ahead of their October-December (Q3) results today.
The stock of SBI, India’s largest state-owned bank, was trading at Rs 281, close to its 52-week high of Rs 289, touched on November 11, 2016 in intra-day trade. In past one month, it outperformed the market by gaining 13% as compared to 5% rise in the benchmark S&P BSE Sensex.