IDFC First Bank Ltd, HDFC Bank Ltd, Kotak Mahindra Bank Ltd and YES Bank have seen steep drop of 14-26 per cent in 2026 so far.
Nuvama expects Bharti Airtel Ltd, Tata Motors, Union Bank, HDFC AMC, Muthoot Finance Ltd, Tata Capital, YES Bank Ltd and Bharti Electronics Ltd (BEL) to see highest passive inflows.
Bank stocks: Nomura retained a ‘Neutral’ rating on AU Small Finance Bank with a lower target price of Rs 915 from Rs 930, and on YES Bank Ltd with the target price cut to Rs 21 from Rs 22.
An analyst from Anand Rathi said that YES Bank is trading below 200-DEMA, indicating that the broader trend remains weak but the momentum indicators suggest a possible short-term relief move.
Vodafone Idea Ltd (VIL), State Bank of India (SBI), Tata Steel Ltd and YES Bank Ltd are among 17 of the 20 stocks with the highest number of retail investors that have fallen up to 15 per cent since February 28.
Tonse will take over from Prashant Kumar who led the bank's turnaround following a near collapse back in 2020, when it had to be bailed out by a consortium of public and private banks
Vinay Tonse will take over the role of MD & CEO from the incumbent, Prashant Kumar, on April 6, 2026
YES Bank recently appointed Vinay Muralidhar Tonse as its new Managing Director and Chief Executive Officer (Designate) for a period of three years.
Mumbai-based YES Bank dropped over 3 per cent during the opening tick to Rs 19.52, commanding a total market capitalization of Rs 61,000 crore.
Stocks including UltraTech Cement, YES Bank, Meesho, Kotak Mahindra Bank, Dr Reddys Labs, RITES, Tata Power, GNFC, Max Financial and more will be in the spotlight on Monday, March 09.
Kwality Walls (India) Ltd: In its first earnings report since demerging from Hindustan Unilever and listing on exchanges, it reported earnings for the third quarter of FY26 with an EBITDA loss of Rs 64.2 crore.
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