YESBANK fell almost 31% as it hit a low of 218.1 which is almost the same low that it hit in the end of 2016 and the starting of 2017. A strong support is placed at the same level.RBI has asked the CEO and MD of Yes Bank, Rana Kapoor , to leave his post which lead to such a big intraday fall. Yes Bank has been given time till January 2019 to find his replacement.
Has the market over-reacted ? Has this fall provided a good investment opportunity in one the best bank in the Banking Domain? Or Will this news continue the fall in Yes Bank in the coming days?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.