/ Yes Bank Top Loser In Nifty Private Bank Index ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Monday, 15 May 2017

The Yes Bank stock was in focus in past few trading sessions as the bank reported divergence between the stressed assets.

As per the market analysts, such divergence in the non-performing assets reported by some of the private sector banks and as assessed by the Reserve Bank of India would lose the premium, such banks command among investors.

The Yes Bank stock dipped by around 4% on the result day in past week. In Monday’s trading session, the stock is trading mostly flat with some negative bias. The stock is the top loser in the Nifty Private Bank index trading lower by around 0.9% at Rs 1469.55 per share.

The spike in the non-performing assets of the company was led by one of the large loan account of the cement company. However, the Banks’s operational performance is healthy and is beating the industry growth rates by a wide margin.

Therefore, as per the market experts, the investors are likely to have the bullish undertone on the Yes Bank stock.

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