SBI shares sink another 4.5%, hit 4-month low as post-earnings selloff extends to second day

State Bank of India shares fell 4.5% to ₹974, marking a second-day cumulative decline of 11%. The drop followed disappointing Q4 results, erasing ₹1.11 lakh crore in market cap. Brokerages adjusted their earnings estimates but maintained ‘buy’ ratings with revised target prices.