The stock rose 3.87% in a month amid rise in the private banking index and broader indices Sensex and Nifty, which have been hitting record highs. Meanwhile, Sensex has gained 7% during the same period.

YES Bank stock is trading higher than 20, 50 and 100-day moving averages but lower than 5, 200-day moving averages

YES Bank stock is trading higher than 20, 50 and 100-day moving averages but lower than 5, 200-day moving averages

The stock gained 1% in last week after brokerage Edelweiss Securities said it believes that YES Bank among other listed companies may be re-classified as large-cap stocks in the semi-annual Association of Mutual Funds in India (AMFI) review later next month

The stock price of the private lender opened higher at Rs 17.70 today and gained to day's high of Rs 17.81 on BSE. Later, the stock erased early gains and fell 1.3% to hit an intraday low of Rs 17.49, against the last close of Rs 17.73

The stock gained 2.19% in the last week after brokerage Edelweiss Securities said it believes that YES Bank among other listed companies may be re-classified as large-cap stocks in the semi-annual Association of Mutual Funds in India (AMFI) review later next month

Edelweiss believes that Yes Bank that belongs in the mid-cap category currently, will move from midcap to the large-cap category in the new list of large, mid, and small-caps by AMFI

Reversing from 2 days of consecutive fall, YES Bank stock opened higher at Rs 17.50 and gained 2.9% to hit the day's high of Rs 17.85 during the session against last close of Rs 17.34

The RBI has barred the Kotak Mahindra Bank in compliance with its December 4 circular barring banks and certain categories of non-banks from making any dividend payments on equity shares from profits with respect to the financial year ended March 31, 2020

Share of YES Bank gained 9.92% to Rs 19.05 against previous close of Rs 17.33 on BSE

In the last week, the stock has risen 12.6%. YES Bank stock has resumed investors' participation, led by buying sentiment in the private banking index and broader indices Sensex and Nifty, that have been hitting new record highs

India Stock Market Highlights Today:  Intra day, both indices touched all time highs today, with Sensex hitting, 45,742 and Nifty touching, 13,435

The inclusion of stocks implies that weightage of India in MSCI Indices will increase.  It will also lead to leading to massive inflows to the tune of $2.5 billion via passive funds

Shares of the private lender quoted a 52-week high price of Rs 87.95 and a 52-week low of Rs 5.55

India Stock Market Highlights Today: M&M, followed by Bajaj Finance, Kotak Bank, SBI, ONGC, L&T, Tata Steel, Bajaj Finserv and Maruti were among the top gainers on Sensex pack. On the other hand, IndusInd Bank, HUL, PowerGrid, Titan and Nestle India were among the top losers today

India Stock Market Highlights Today: Global equities were buoyed today amid upbeat domestic economic data and rally in stocks in anticipation of better earnings reports

Bharti Airtel, M&M, Maruti, Bajaj Finance, Bajaj Finserv, NTPC, Axis Bank and Infosys were also among the gainers. Kotak Bank, followed by HDFC, HUL, ICICI Bank and Titan were among the top losers

India Stock Market Highlights Today: Global equities were negative today as worries about a surge in coronavirus cases and dwindling hopes for a U.S. stimulus package kept investors gloomy

Stocks to watch today on October 28: Hero MotoCorp, Bharti Airtel, Wipro, ICICI Prudential, Tata Motors among others are the top stocks to watch out for in Wednesday's trading session

An investment of Rs 1 lakh in this stock on March 23 this year would have turned to Rs 8 lakh on October 8