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Yes Bank shares rally 6% to snap 7-week losing run

Positive0

GreyOak summary

Yes Bank shares gained 6% on Friday, extending a winning streak to three days and reversing a seven-week decline. Trading volume surged to nearly 3.78 times the weekly average. The rally follows a Supreme Court ruling upholding the write-off of AT-1 bonds, though the bank may not pay coupons this year.

What it affects

  • Yes BankYESBANKPositive 0

    Shares rallied 6% on high volumeRolling sentiment Negative -38

Source

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