SBI shares drop 10% after broker downgrades

SBI shares drop 10% after broker downgrades — State Bank of India (SBIN) fell sharply after multiple brokerages downgraded the stock citing concerns over rising provisioning and margin pressure. The stock lost 10% over two sessions, dragging down the banking index. F&O traders face increased volatility with key support at ₹600.

📊 STOCKS: SBIN | 🏢 SECTOR: Banking | #MEDIUMIMPACT #brokerage-downgrade