Country's largest lender SBI Friday said it has reported net profit of Rs 838.40 crore in fourth quarter of 2018-19 fiscal on a standalone basis as non-performing assets (NPAs) came down.
Domestic equity benchmarks BSE Sensex and NSE Nifty were trading on a choppy note early Friday amid uncertainty over US-China trade deal and continued foreign fund outflow.
The rupee depreciated by 13 paise to 70.07 against the US dollar in early trade Friday as US-China trade related concerns and foreign fund outflows weighed on investor sentiments.
Equity benchmark indices extended their fall for a fourth consecutive trading session this week and traded lower in the early hours on Thursday.
The rupee depreciated by 18 paise to 69.89 against the US dollar in early trade Thursday amid heavy sell-off in domestic equity market and foreign fund outflows.
The rupee opened on a weak note and declined by 21 paise to 69.64 against the US dollar Wednesday, as the US-China trade related concerns weighed on investor community.
The benchmark BSE Sensex extended its losing streak by falling over 250 points in early trade Wednesday, led by losses global markets amid rising US-China tension.
BSE Sensex Monday cracked over 362.92 points in line with global sell-offs amid renewed fears that trade negotiations between the US and China are on the verge of collapse.
Equity benchmark indices opened lower on Monday tracking a selloff in global markets after US President Donald Trump vowed to hike tariffs on China.
Equity benchmarks Sensex and Nifty ended on a negative note after a volatile session Thursday as weakness in banking and auto stocks weighed on investor sentiment amid mixed global cues.
The benchmark BSE Sensex started on a weak note Thursday tracking negative cues from global equities after the US Federal Reserve kept its benchmark interest rate unchanged.