Yes Bank Share: Yes Bank’s share has gained five percent today. Public sector banks had to invest in this company, which was once a favorite of the stock market, after a controversy erupted. Now breakout has come in Yes Bank at 16.50. Today this stock closed above 17.25. For the last two months, this stock is seen moving in both the directions. Due to this the stock has been in the range of Rs 15 to Rs 17. After that it remained above 16 flat for a full month. Today Yes Bank stock opened with gains and made an intraday high of Rs 17.20. Shares of Yes Bank closed at 16.35 on Monday.
What do experts say about Yes Bank shares?
Experts say that the rise in the shares of Yes Bank today is completely technical. If the stock sustains above 17.25 now, then it can see an uptrend in the short term. Experts say that going forward, the level of Rs 20 is not far away for this stock.
To invest in Yes Bank shares or not?
Experts believe that there can still be ups and downs in the shares of Yes Bank. If this stock crosses the barrier of Rs 20 then it will rise to Rs 20 in the short term. Can go up to 22. But for this he has to maintain a level above Rs.20. Yes Bank shares have breakout above 16.50. Once it crosses 19 then a bullish trend will be seen.
yes bank stock performance
Fifty two week high of Yes Bank at Rs. 24.75 while the fifty two week low was Rs. It’s 12.55. In the last one year, this share has increased by about 33 percent. A year ago Yes Bank’s stock was running at 12.65. If Rs 1 lakh had been invested in this stock at that time, it would have been worth Rs 1.33 lakh today. However, the stock has declined by 21 per cent in the last six months.
Yes Bank FD rate change
Yes Bank has revised the interest rate for fixed deposits below Rs 2 crore. After the revision, the bank offers interest rates ranging from 3.25 per cent to 7.75 per cent on deposits ranging from 7 days to 10 years. These rates are applicable from 3 July 2023.