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Yes Bank recovers after 5-day fall
Highlights
Yes Bank's shares zoomed nearly 34 per cent on Thursday, halting their fives day of continuous fall, after the company said its financials are strong, with the liquidity position well in excess of regulatory requirements.
New Delhi: Yes Bank's shares zoomed nearly 34 per cent on Thursday, halting their fives day of continuous fall, after the company said its financials are strong, with the liquidity position well in excess of regulatory requirements.
Following the assurance, the scrip jumped 32.97 per cent to close at Rs 42.55 on the BSE. During the day, it rallied 35.93 per cent to Rs 43.50.
On the NSE, it advanced 33.59 per cent to close at Rs 42.75. The stock was the top gainer on both the Sensex and the Nifty.
Helped by a rally in the share price, the company's market valuation also rose by Rs 3,435.66 crore to Rs 10,851.66 crore on the BSE.
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