Yes Bank shares rise 6% and extend winning streak to three days
In short
Yes Bank shares jumped 6% on Friday and kept rising for a third session.
The stock has gained 14% this week after a sharp October fall linked to the Supreme Court’s order on ₹8,415 crore in AT-1 bonds.
What the reporting says
Yes Bank shares rose 6% on Friday, extending gains to three sessions and lifting weekly returns to 14% amid unusually high trading volumes. The rally followed a sharp October decline triggered by the Supreme Court’s decision overturning the write-off of ₹8,415 crore in AT-1 bonds. The move marked a rebound after the stock’s earlier selloff and drew active trading interest.
Why it matters
Yes Bank’s stock rallied 6% on Friday, extending gains for a third straight session and pushing weekly returns to 14%. The rebound came after a heavy October drop tied to the Supreme Court overturning the write-off of ₹8,415 crore in AT-1 bonds. The report also notes unusually high trading volumes, pointing to strong market activity around the counter.