SBI share price opened at Rs 760 and buying was witnessed in the public sector lender, driving the price to intraday high at Rs 774. The stock closed the session 3.09 percent higher at Rs 770.
HPCL, BHEL, Dredging Corporation, REC, BEML, SBI and BEL were among public sector stocks that recovered smartly on Tuesday after facing continued selling pressure over the last few trading sessions
DLF, Tata Motors, IRCTC and SBI were among shares that touched yearly lows in today's session and all these stocks are looking bearish on technical charts.
SBI share price declined to its yearly lows on Tuesday and if selling continues in Indian markets on Thursday, we could see a fresh low for the biggest PSU lenders in India.