[MMB SBI] It will go down to 800 levels by the time quarterly results are announced. There is going to be loss on account of Rupee...

The banking sector is currently seeing mixed signals with some banks like ICICI Bank and Bajaj Finance being top losers, while Kotak Mahindra Bank shows a short-term rebound potential. RBI's recent policy kept interest rates unchanged, which impacts NIMs and credit growth.

Given the unverified nature of the claim, avoid taking positions based on this specific MMB post. Monitor official SBI announcements and reputable financial news for actual Q4 results and management commentary.

For Indian markets, this story mainly matters for SBIN and the Banking pocket. The current signal is bullish, so traders should look for follow-through in price, volume, and sector breadth instead of reacting to the headline alone.

Watch whether the next market session confirms the setup described here: Speculative claims of significant losses due to Rupee shorting and RBI directives, potentially impacting Q4 results. Also track volume confirmation, sector participation, and whether the move holds beyond the first reaction.

• •MMB post predicts SBI stock will fall to ₹800 by quarterly results.
• •Claims losses are due to Rupee shorting and recent RBI directives.
• •Alleges SBI MD Aswini Tiwari confirmed accounting for these losses in the March quarter during a CNBC TV18 discussion, despite being in a silent period.
• •Risk flag: Source is Moneycontrol Message Board (MMB) - highly unreliable and speculative.
• •Risk flag: Claims are unverified and could be false or misleading.