Yes Bank share price lacks momentum, closes at Rs 23.85 with 1.06% gain

Yes Bank’s share price witnessed a subdued trading session on Thursday. The stock opened marginally higher at Rs 23.70 compared to the previous close of Rs 23.60. Initial buying lifted the price to an intraday high of Rs 24.20 as the session progressed.

However, the upside remained capped as profit-taking emerged around those levels. Yes Bank slipped to an intraday low of Rs 23.65.

The counter recouped part of the losses. Yes Bank finally settled at Rs 23.85, posting a modest gain of 1.06% over its last close.

The session recorded trading volumes worth Rs 41,095.97 lakhs. As of Thursday’s close, Yes Bank commands a market capitalization of around Rs 68,607 crores.