Yes Bank's shares surge over 4% after rumours of LIC buying stake, Moody's upgrade
Updated : August 06, 2020 02:10 PM IST
Yes Bank's shares surged over 4 percent on Thursday after media reports indicated that the country's largest insurer LIC bought shares of the troubled private lender.
Also, Moody's recent upgrade on the private lender is fuelling the rally.
At 1:10 pm, the shares traded 4.67 percent higher to Rs 13.45 per share on the NSE.