So far, the stock has plunged almost 5 percent from the day's high.
State Bank of India (SBI) continues to trade near the lowest level of the day at Rs. 255 - with a loss of over 3 percent at Rs. 257, after the bank reduced its base rate by 15 basis points to 9.7 percent from 9.85 percent with effect from 08 June 2015.
The stock had touched a high of Rs. 268 in the morning.
So far 1.7 million shares have been traded at the counter as compared to its two-week daily average volume of 2.6 million.
Meanwhile, the BSE Sensex has recouped some of its losses, but still trade lower by almost 300 points at 26,896.
The stock had touched a high of Rs. 268 in the morning.
So far 1.7 million shares have been traded at the counter as compared to its two-week daily average volume of 2.6 million.
Meanwhile, the BSE Sensex has recouped some of its losses, but still trade lower by almost 300 points at 26,896.
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