Banking major State Bank of India is scheduled to announce its Q2 financial performance on Wednesday. On November 8, 2010, the State Bank of India stock has achieved its life-time high of Rs 3,515 on the BSE. Since then, it has corrected more than 50 per cent to hit a 52-week low of Rs 1,708 on October 5. The stock is currently ruling at Rs 1,964. While the market expectation on the bank's financial performance is low, the stock has been gaining recently on hopes that it will beat market expectation.

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