Vijay Chopra of enochventures.com told CNBC-TV18, "It has been a stupendous run for the Yes Bank in the last two years and the overall performance of the bank has been good amongst its peers as well. So there is a probability that we might see some kind of a correction and we can see some correction happening in the private banks as well, especially the likes of Yes Bank which have run up quite a bit."
"If somebody is a long-term investor and these crests and troughs do not matter to the investor, I would recommend a hold on the stock because I think if India has to grow then the entire banking in the financial space is going to grow hand-in-hand and Yes Bank is also one of the larger names in the private banking space so, definitely a hold if somebody is a long-term investor," he said.
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