Emerging
Jun 18, 20261
59%
Yes Bank Shares Jump 12.5% in Four-Day Rally to Near Two-Year High
Yes Bank shares rose 5.23% on Wednesday to Rs 25.14, extending a four-day gain of 12.55% and reaching a nearly two-year high. The rally came amid a strategic partnership with Northern Arc Capital and heavy trading volumes, with analysts pointing to a bullish technical breakout.
Quick Facts
Who
Yes Bank
What
Yes Bank shares rose for a fourth straight session
When
Wednesday
Where
National Stock Exchange
- Yes Bank shares rose for a fourth straight session
- The stock hit a nearly two-year high intraday
- Yes Bank announced a strategic partnership with Northern Arc Capital
- About 53 million shares changed hands in multiple large deals
- Analysts cited a technical breakout above long-term resistance
Yes Bank shares extended their rally on Wednesday, rising more than 5% and closing at Rs 25.14 on the National Stock Exchange, their highest level in nearly two years. The stock gained 12.55% over four trading sessions, with intraday trade taking it to Rs 25.46.
Market data cited by Informist showed about 53 million shares changed hands on the NSE in multiple large deals. The transactions were executed at prices ranging from Rs 24.3 to Rs 25.3 per share, though the parties involved were not immediately identified.
The recent move has been supported by a strategic partnership between Yes Bank and Northern Arc Capital aimed at expanding access to credit, scaling digital lending and offering debt investment opportunities to customers. Analysts also pointed to a technical breakout above a long-term descending trendline resistance as a sign of stronger momentum.
Technical analyst Virat Jagad of Bonanza said the stock's RSI had moved above 60 without bearish divergence and that the EMA structure remained positive. He suggested upside levels at Rs 28.50 and Rs 31.00, while noting support and stop-loss levels for traders. Such projections reflect market views and are not official company guidance.
Why This Matters
The rally can draw short-term trading interest and may affect how investors assess Yes Bank’s momentum, liquidity, and execution of its partnership strategy. Traders should watch whether the stock can hold above the breakout zone, while longer-term investors should track whether the Northern Arc partnership translates into measurable credit growth and fee income rather than just sentiment-driven gains.