Shares of State Bank of India (SBI) experienced their largest single-day decline in two years, dropping nearly 7% after the bank reported disappointing fourth-quarter earnings. The decline was primarily driven by a reduction in net interest margins and lower treasury income. Analysts have indicated the possibility of further downward movement in the stock price, with support levels anticipated around the ₹970-990 range. This performance reflects challenges faced by SBI in maintaining profitability amid changing market conditions. State Bank of India shares experienced their largest single-day drop in two years, falling nearly 7% after disappointing fourth-quarter earnings. The update was published on 9 May 2026, 7:49 am.