Why did Yes Bank shares rally 6%, extend winning streak to 3rd day and snap a 7-week losing run — what led to rebound?
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.
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