Yes Bank may test Rs 400, says Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "This week kind of showed you that possibly now the haloed private sector banks could take a backseat for a bit and PSU banks could outperform."

"At some point, Yes Bank will come out of its problems and possibly, one will get even levels beyond Rs 400. But one should use this sort of decline to average down your position," he said.