Reuters Market Eye - Shares in State Bank of India fell as much as 2.3 percent on speculation that the bank could report higher-than-expected bad-loans in the October-December earnings on Thursday.
SBI could also miss consensus earnings per share (EPS) estimates by 3 percent in the October-December quarter, according to Thomson Reuters StarMine SmartEstimate data, which measures the forecasts from top-ranked analysts against wider forecasts.
StarMine SmartEstimate suggests EPS for the quarter ending December at 52.50 rupees, compared with mean estimates of 54.15 rupees.
(Reporting by Manoj Dharra)
Trending On Reuters
Earthquake Strikes Nepal
Nepal urged countries to send aid to help it cope with the aftermath of a devastating earthquake that killed nearly 1,400 people, a toll predicted to rise as rescuers used their hands to dig for survivors among the rubble on Sunday. Full Article | Nepal earthquake epicentre map
RBI chief Rajan calls for formal financing routes for farmers - report Full Article
India to host Afghan leader, seeks to regain ground lost to China, Pakistan Full Article