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Equity Futures: Goldman Sachs' bearish view on SBI sparks put buys

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Equity Futures

Goldman Sachs' bearish view on SBI sparks put buys

This story was originally published at 19:12 IST on September 6, 2024  Back
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The selling pressure in State Bank of India's shares, prompted by bearish views from Goldman Sachs, made traders aggressively buy put options today. The broking firm reportedly said the bank faces multiple headwinds going forward as its return on assets peaks. It also expects a valuation de-rating for the lender, ET Now reported, attributing the brokerage house.

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