Yes Bank's stock gained 96% in two days

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Also read :Chinese company Evergrande refused to guarantee payment of debts

Ahmedabad, Mar 17, 2020, Tuesday

Also read :Central Bank of China cuts cash reserve ratio for banks

On the other hand, the stock market is on the back of various adverse reports;

Yes Bank's long-term foreign currency rating has been upgraded after rating agency Moody's introduced new capital to the bank.

Also read :Concerns over Omicron's impediment to the country's textile exports

On the other hand, the stock of Yes Bank was raised following the statement made by the head of Yes Bank and the Reserve Bank that the bank will soon rebound.

Also read :The Nifty will see a correction of 1000 points till the budget

Following the above reports, Yes Bank's stock rose another 5% to Rs. The surface of the. Was touched.

Thus, the stock is trading at Rs. Was at 5.1. From there, it jumped 5% in two days to reach a high. The rise of 5 per cent was 5.2 per cent.

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