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​From a fixed income point of view, vote on account laid the path of fiscal glide path and that resulted into about 10-15 basis point of yield movement downwards.

SBI Share Price: State Bank of India shares were trading amid significant volumes with more than 4.42 crore shares changing hands on the NSE around 11:30 am. With 27% returns over 1 year, the stock has underperformed many of its PSU bank peers, including Indian Overseas Bank (175%), Canara Bank (91%), and Bank of Baroda (48%).

A clear breakout from the pattern could take the stock to fresh record highs above 440 in the short to medium term, suggest experts.

It is an uptrend signal if the RSI value has crossed above 50 from below.

However, the growth has also been good. So in that sense, it is going well. But it is the role of the governor to actually always caution the market that, yes, things are good, but keep watch out and we will keep watching and if warranted, we will take action. So that is the sense I got.

The issue, which will close on February 9, is completely a fresh equity issue of Rs 600 crore. Ahead of the issue opening, the company has raised Rs 180 crore from anchor investors, where White Oak Capital, Ashoka India, ICICI Prudential, Volrado Ventures among others invested.

Promoters held 62.4 per cent stake in the company as of 31-Dec-2023, while FII and DII ownership stood at 7.34 per cent and 2.43 per cent, respectively.

The stock quoted a 52-week high price of Rs 1412.25 and a 52-week low of Rs 616.3.

JM Financial, Axis Capital, ICICI Securities are the book running lead managers for Park Hotels IPO, with Link Intime India as the registrar.