Up 13% in 2 days, YES Bank shares hit 7-month high; what’s buzzing?

Up 13% in 2 days, YES Bank shares hit 7-month high; what’s buzzing?

Shares of YES Bank surged as much as 10% in intra-day trade on Monday, extending gains from the previous session, and hit the highest level in over 7 months. The sharp rally in the stock was backed by significant volumes, as more than 647 million shares changed hands on the NSE, which was nearly six … Read more

Govt may delay Hindustan Zinc share sale: Report

Govt may delay Hindustan Zinc share sale: Report

The Indian government may postpone its plans to sell its stake in Hindustan Zinc until a turnaround in the industry’s fortunes, following advice from merchant bankers, two government sources told Reuters. The government though, still hopes to push through the long-delayed sale this financial year, one of the sources said. The government plans to sell … Read more