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Shares of State Bank of India rallied over 3 per cent today ahead of quarterly earnings.
The public sector lender shares jumped as much as 3.2 per cent ahead of January-March quarter results to be published later today.
The stock has hit the highest intraday level since March 4.
Traders cite market expectations for 20-40 bps reduction in gross non-performing assets from the previous quarter.
Other state-run banks have reported mixed results so far.
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