YES Bank shares: For three primary reasons, investors will be keeping an eye on the shares of YES Bank Ltd. Against the devastation in the mid-and small-cap counters, the private lenders have been finding it difficult to maintain momentum. Still, it has come back into the news due to a combination of factors. The National…
YES Bank shares: The stock traded below its 5-day, 10-day, 20-day, and 30-day simple moving averages (SMAs), but remained above the 50-day, 100-day, 150-day, and 200-day SMAs. Its 14-day relative strength index (RSI) stood at 40.40. When the Relative Strength Index (RSI) falls below 30, it signifies oversold conditions, whereas a reading above 70 indicates…
YES Bank Shares: According to sources, SBI may be trying to sell Rs 5,000-7,000 crore of YES Bank shares in a block deal. According to the article, SBI may avoid equity dilution if Youth Enterprise Scheme Bank shares are sold on the open market to meet capital needs. Shares of YES Bank Ltd remained relatively…
