Hemen Kapadia of KR Choksey Securities told CNBC-TV18, "Holding on to Yes Bank for three years is not a problem but one will have to see a lot of pain before that. So I am not sure if you advice a trading strategy to a clear long-term investor but despite that I would suggest sell now because it looks heavy."He further added, "I have a feeling Yes Bank could come back to Rs 600 in this calendar year. So sell now and buy back later and if he/she doesn’t going to take this slightly risky activity then one should not look at it for a couple of years."
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
