YES Bank may test Rs 680, says Bhavin Desai

Bhavin Desai of Motilal Oswal Securities told CNBC-TV18, "On an immediate term basis this kind of a development in YES Bank could actually push the stock lower. For immediate term, for about two to five sessions, one can keep a stop loss of Rs 718 and immediate target of at least closer to Rs 680."At 10:11 hrs Yes Bank was quoting at Rs 686.00, down Rs 17.20, or 2.45 percent. It has touched an intraday high of Rs 694.00 and an intraday low of Rs 681.00.