Hot Pursuit     14-Dec-22
Yes Bank corrects on profit selling
Yes Bank dropped 6.89% to Rs 22.30 on profit selling after recent steep gains.

Shares of Yes Bank rallied 37.25% in the past four sessions.

The stock had outperformed the market over the past one month, soaring 29.24% compared with 1.79% rise in the Sensex.

The scrip outperformed the market in past one quarter, surging 28.12% as against Sensex's 3.94% rise.

The scrip had outperformed the market in past one year, jumping 58.76% as against Sensex's 7.93% rise.

On the technical front, the stock's daily RSI (relative strength index) stood at 75.34. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30.

On the daily chart, the stock was trading above its 50-day, 100-day and 200-day simple moving average (SMA) placed at 16.90, 16.50 and 14.84, respectively. These levels will act as crucial support zones in near term.

Yes Bank is a full service commercial bank providing a complete range of products, services and technology driven digital offerings, catering to corporate, MSME & retail customers.

The private lender reported 32.23% decline in standalone net profit to Rs 152.82 crore on 17.75% increase in total income to Rs 6,394.11 crore in Q2 FY23 over Q2 FY22.

Previous News
  Yes Bank gains after board clears fundraising plan
 ( Hot Pursuit - 04-Jun-25   14:21 )
  Indices drift higher in early trade; breadth strong
 ( Market Commentary - Mid-Session 04-Jun-25   09:37 )
  Stock Alert: Yes Bank, Zydus Lifesciences, Ashok Leyland, R Systems Intl
 ( Market Commentary - Stock Alert 04-Jun-25   08:05 )
  Yes Bank Ltd leads losers in 'A' group
 ( Hot Pursuit - 03-Jun-25   15:00 )
  Volumes soar at Aptus Value Housing Finance India Ltd counter
 ( Hot Pursuit - 03-Jun-25   11:00 )
  Yes Bank spurts on fund raising plan
 ( Hot Pursuit - 02-Jun-25   14:21 )
  Yes Bank announces board meeting date
 ( Corporate News - 29-May-25   16:30 )
  Yes Bank allots 46.61 lakh equity shares under ESOP
 ( Corporate News - 21-May-25   18:49 )
  Yes Bank gains as Japan's SMBC to acquire 20% stake in landmark deal
 ( Hot Pursuit - 12-May-25   13:40 )
  Japan's SMBC to acquire 20% stake in Yes Bank
 ( Hot Pursuit - 09-May-25   16:56 )
  State Bank of India to divest 13.19% stake held in Yes Bank
 ( Corporate News - 09-May-25   16:30 )
Other Stories
  SG Mart forays into renewable energy sector with launch of APL Apollo SunSteel
  12-Jun-25   15:39
  Maithan Alloys acquires minority stake in GAIL (India) for Rs 12 cr
  12-Jun-25   15:32
  Kay Cee Energy & Infra hits the roof on securing Rs 28 cr transmission order from RVPN
  12-Jun-25   15:19
  C.E. Info Systems Ltd leads losers in 'A' group
  12-Jun-25   15:00
  Cinevista Ltd leads losers in 'B' group
  12-Jun-25   14:45
  C E Info Systems slumps after block deal
  12-Jun-25   14:45
  Ashoka Buildcon tumbles as GST notice triggers search & seizure operation
  12-Jun-25   14:43
  Happiest Minds appoints Anand Balakrishnan as chief financial officer
  12-Jun-25   14:39
  Volumes spurt at RHI Magnesita India Ltd counter
  12-Jun-25   14:30
  Crisil Ratings reaffirms ratings of Ratnamani Metals at 'AA/A1+' with 'stable' outlook
  12-Jun-25   14:25
Back Top