Yes bank has a weakness of more than 6% in the stock.
Actually OP Bhatt resigned from the post of external expert of the research and selection committee of the bank. Yes Bank’s nomination and remuneration committee accepted their resignation. That is why the shares of the bank have been sold today. Even before the non-executive (independent) part-time president Ashok Chawla and Vasant Gujarathi have resigned as independent directors of the bank.
YES Bank’s shares in BSE were open at Rs 200.55 in red mark against the last closed price of Rs 206.00 and could not be green in the business till now. At around 10 pm, the shares of the bank are trading at a price of Rs. 193.25 with a fall of Rs. 12.75 or 6.19%. In the last 52 weeks, the share of the bank rose to Rs 404.00 and fell to a lower price of Rs 166.15.
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