Rs 45,000 crore-bet! YES Bank among top 9 FII stock picks in Q3. What should investors do?

Rs 45,000 crore-bet! YES Bank among top 9 FII stock picks in Q3. What should investors do?

NEW DELHI: Foreign institutional investors or FIIs are estimated to have splurged about Rs 44,700 crore in 9 stocks during the December quarter. The shopping list is dominated by bank stocks – , and YES Bank. During the quarter, FIIs nearly doubled their shareholding in retail favourite YES Bank from 12.15% to 23.24%. Calculations done … Read more

Yes Bank rallies 15% on heavy volumes. Is it ready to become a multibagger?

Yes Bank rallies 15% on heavy volumes. Is it ready to become a multibagger?

Shares of zoomed as much as 15%, scaling new 52-week highs during the Friday’s trading session on the back of heavy volumes and strong technical set up on charts. Furthermore, the bank has moved the National Company Law Tribunal (NCLT) to initiate a corporate insolvency resolution process (CIRP) against Digital Ventures, a wholly-owned unit of … Read more