Yes Bank Share Price | Signs of rocket rise in Yes Bank share, beneficial update on the bank, report released – NES: YESBANK
Yes Bank Share Price | On Wednesday, January 15, 2025, the stock market closed higher for the second consecutive day. NSE Nifty closed 37 points higher at 23,213, while BSE Sensex closed 224 points higher at 76,724. On Wednesday, shares of many companies were trading with gains. The stock of the company Yes Bank remained in focus during the rally.
Current Status of Yes Bank Limited Company Shares
On Wednesday, January 15, 2025, shares of Yes Bank Limited were trading at Rs 17.97 with a decline of 0.28 percent. Yes Bank Limited Company share had a 52-week high of Rs 32.85, while the stock had a 52-week low of Rs 17.06. The total market cap of Yes Bank Limited currently stands at Rs 56,306 crore. On Thursday (January 16, 2025), the stock was trading 2.06% higher at Rs 18.4.
Yes Bank shares on technical charts
Technically, Yes Bank share may be seen in the range of Rs 18.8 to Rs 18, some experts have indicated that Yes Bank share may reach around Rs 22 in the near future. Yes Bank shares have given negative returns of up to 2.72 percent compared to the banking sector. After continuous decline, Yes Bank shares have fallen by about 15.44 percent in the last one month. Yes Bank share price was indicating a slight rally on the daily chart. Also, the share had got strong support at Rs 18.8, but now the share has reached Rs 17.97. SEBI Registered Research Analyst AR Ramachandran has indicated that Yes Bank stock may rise to Rs 21.8 in the near term if it closes above the immediate resistance of Rs 20.3.
Motilal Oswal Financial Services Report
Motilal Oswal Financial Services brokerage firm has released a report detailing which mutual funds have bought and sold. According to the report, Yes Bank's mutual fund holding increased by 166.7 percent on a monthly basis. Now the total stake of mutual fund companies in Yes Bank has now reached Rs 430 crore.
Disclaimer: Investing in mutual funds and stock market is based on risk. Before investing in the stock market, definitely consult your financial advisor. tezzbuzz.com will not be responsible for any financial loss.
Comments are closed.