SBI surges on posting strong Q2 numbers

Shares of the country's largest bank SBI have gained over 2% to Rs 239 on the BSE after reporting 25% rise in stand-alone net profit at Rs 3,879.07 crore for the second quarter ended September.  

Total income increased to Rs 46,854.81 crore during the quarter as against Rs 41,833.36 crore a year earlier. Total income has jumped to Rs 66,585.85 crore for the second quarter, from Rs 61,098.67 crore in the same period last year.

The stock opened at Rs 235 and touched high of Rs 245 on the BSE. More than 2 million shares have changed hands on the BSE so far.