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The stock, according to analysts, is u201coverbought,u201d and investors may want to take gains at the current levels. While another expert proposed a short-term objective of Rs 25, one claimed that Yes Bank has support in the 18u201318.50 levels.
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Search here ... Yes Bank Shares Drop 6% Amid a Decline in Bank Equities, According to Experts Home - Markets - Yes Bank Shares Drop 6% Amid a Decline in Bank Equities, According to Experts Markets December 19, 2022
Shares of Yes Bank exchanged hands for a total of 4.94 billion on the BSE today, generating a turnover of Rs 106.21 billion. Market capitalization, or m- cap, for the lender was Rs 53,119.93 crore. In keeping with a general decline in banking equities on Friday, Yes Bank shares dropped precipitously. Compared to the previous close of Rs. 22.45, the stock fell 6.24 percent to a low of Rs. 21.05 during the trading day. The stock ultimately closed today at Rs 21.20, down 5.57 percent. 4.94 billion shares, or Rs 106.21 billion, worth of shares, were traded on the BSE. Market capitalization for the lender, or m-cap, was Rs 53,119.93 crore. Yes Bank has increased by 75.06 percent from its March low of Rs 12.11 to its closing level of Rs 21.20 today. In the last 몭ve trading sessions, the stock price increased 6.53 percent. In terms of the year thus far (YTD), it has increased by 50.68%. Conclusion The stock, according to analysts, is “overbought,” and investors may want to take gains at the current levels. While another expert proposed a short-term objective of Rs 25, one claimed that Yes Bank has support in the 18–18.50 levels. You can share this post! Previous article For all of his friends, Shah Rukh Khan propels Hyundai Motors’ mission Next article Chargebee’s funders want to exit at a $1.5 billion value for the SaaS startup
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