Shares of State Bank of India (SBI) rose over 2 per cent in early trade on Bombay Stock Exchange (BSE) after Goldman Sachs upgraded ratings of state-owned bank. Goldman Sachs raised its rating on SBI to buy from neutral.
The shares of Bank rose as much as 2.45 per cent to trade at Rs 1812 a piece on the BSE. In a similar fashion, shares of the Bank rose 2.46 per cent to Rs 1181 a piece on National Stock Exchange.
Meanwhile, the broader benchmark Sensex was quoting at 22,190.39, up 95.09 points or 0.43 per cent at 10:41 hours.