← Latest news 
SBI tanks and Titan soars as earnings swing seven major stocks Friday
Economy
Published on 14 May 2026
SBI fell despite no headline scandal, just earnings math
Indian equities snapped lower on Friday as US-Iran tensions escalated, the rupee slid, and financial stocks saw heavy selling. The Nifty ended down 150.50 points at 24,176.15 and the Sensex lost 516.33 points to 77,328.19. Among the biggest movers, SBI dropped about 7% after margin pressure and weaker operating performance. Meanwhile, Titan hit fresh 52-week highs on a 35% YoY profit jump, while Urban Company slumped on a 57x surge in Q4 losses.
- Nifty closed at 24,176.15, down 150.50 points or 0.62%
- Sensex ended at 77,328.19, down 516.33 points or 0.66%
- SBI shares fell around 7% after NIMs contracted and NII dipped 1.4% QoQ
- Urban Company slipped 6% as Q4 loss rose 57x to Rs 161 crore
- Titan surged 7% to fresh 52-week highs on 35% YoY profit growth
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times