YES Bank trades at its highest level since August 31; zooms 26% in 1 month

Shares of YES Bank were locked in the 5 per cent upper circuit band at Rs 15.38, its highest level since August 31, 2020, on the BSE on Tuesday. Till 01:15 pm, a nearly 400 million shares had changed hands on the BSE and NSE, and buy orders for 22 million shares were pending on the exchanges, data show.

In the past one month, YES Bank has outperformed the market by gaining 26 per cent, following the news of bank's inclusion in the MSCI India Index with effect from December 1. In comparison, the S&P BSE Sensex has rallied 12 per