Authored by : Abhinav Ranjan Updated Jun 13, 2024 | 12:27 PM IST Yes Bank shares traded under pressure during Thursday's session.
(Pic: Shutterstock/ETNOW)Yes Bank Share Price Target 2024: Yes Bank shares on Thursday under pressure amid profit-taking in the market.
Yes Bank shares are trading higher than 5-day, 20-day, 50-day and 200-day moving averages but lower than 100-day moving averages.
Yes Bank Share Price Target 2024Nilesh Jain, Assistant Vice President (AVP), Equity Research Technical and Derivatives at Centrum Broking, said that Yes Bank is going through a consolidation phase.
Yes Bank Share Price HistoryYes Bank is a constituent of BSE 100.
Authored by : Abhinav Ranjan Updated Jun 13, 2024 | 12:27 PM IST Yes Bank shares traded under pressure during Thursday's session. (Pic: Shutterstock/ETNOW)
Yes Bank Share Price Target 2024: Yes Bank shares on Thursday under pressure amid profit-taking in the market. The penny stock opened in the green at Rs 24.35 against the previous close of Rs 24.12. It made a high of Rs 24.50 in early morning deals.
Yes Bank shares, however, erased all the gains immediately and started trading in the red. At 11 AM, Yes Bank shares traded 0.60 per cent lower at Rs 23.97. More than 7 crore shares changed hands around the same time.
Yes Bank shares are trading higher than 5-day, 20-day, 50-day and 200-day moving averages but lower than 100-day moving averages. A rise in investors' participation was seen in Yes Bank today with delivery volume rising by more than 12 per cent against 5-day average delivery volume of 8.92 crore shares on Wednesday.
Yes Bank Share Price Target 2024
Nilesh Jain, Assistant Vice President (AVP), Equity Research Technical and Derivatives at Centrum Broking, said that Yes Bank is going through a consolidation phase. The view is positive.
"A break out in the counter is expected once it crosses Rs 24.70-mark. One can buy for a target of Rs 28-30. The stop loss should be at Rs 22," he said.
Yes Bank Share Price History
Yes Bank is a constituent of BSE 100. According to BSE analytics as on June 13, its shares have climbed 13 per cent in the last 6 months and 46 per cent in a year. The counter has zoomed 87 per cent in the ast two years.
However, Yes Ban shares have declined 79 per cent in the last 5 years, as per BSE data.
Yes Bank shares have a 52-week range of Rs 32.81 - Rs 14.10. The company commands a market capitalisation of Rs 75,229.39 crore, as per BSE website.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
