The market is likely to consolidate further, with the previous day's low acting as support. Below are some short-term trading ideas to consider.
The gains in Yes Bank stock today came as markets priced in passive inflows linked to the lender's entry into the Nifty Bank under revised weightage norms. February 26 marks one of the scheduled tranche adjustments for the index reshuffle.
The RBI is seeking specific clarity on how confidential card data, especially CVV numbers, may have been exposed and what immediate containment steps were taken
BookMyForex, which operates with Yes Bank as its banking partner, said on X that it had escalated the issue to the bank
The bank’s recovery gathers pace, but 1% RoA remains the key trigger for rerating
ICICI Securities recommended hold rating on Yes Bank with a target price of Rs 24 in its research report dated January 18, 2026.
Yes Bank’s Q3 profit growth was driven largely by a steep 91 percent year-on-year fall in provisions, helping lift return on assets to around 0.9 percent. However, several brokerages said that the improvement was not backed by a meaningful acceleration in core growth or sustainable returns.
Stocks to Watch, 19 January: Stocks like Reliance Industries, HDFC Bank, ICICI Bank, Wipro, Tech Mahindra, IDBI Bank, Yes Bank, RBL Bank, UCO Bank, Indosolar, JB Chemicals and Pharmaceuticals, Bajaj Healthcare, and Bharat Coking Coal will be in focus on January 19.
RBI's in-principle nod for Japan's SMBC to set up a wholly-owned subsidiary in India is the fourth instance of a foreign bank seeking to convert its Indian operations from a branch model to subsidiary, this could set the base for SMBC to take controlling stake in Yes Bank.
Stocks to Watch, 7 January: Stocks like Titan Company, Jubilant Foodworks, Godrej Consumer Products, Lodha Developers, Yes Bank, IRB Infrastructure Trust, Indian Energy Exchange, Biocon, and Oil and Natural Gas Corporation will be in focus on January 7.
Stocks to Watch, 5 January: Stocks like Corona Remedies, Equitas Small Finance Bank, Bank Of Baroda, Bandhan Bank, Bajaj Finance, Sobha, Ujjivan Small Finance Bank, IDBI Bank, Mahindra & Mahindra Financial Services, Hindustan Zinc, and Union Bank Of India will be in focus on January 5.
Mizuho Financial Group on Dec 17 announced a deal to acquire a stake in Avendus
After two block deals in current month, the shareholding of First Water Fund might have increased to 3.64 percent in Uflex, from 2.47 percent seen at the end of September 2025.
SMBC may exercise its say in CEO appointment at the bank; likely to recommend a person from within the group.
NSE also said that the weightage of the top three constituents will be capped at 19%, 14% and 10%, respectively
Recently, Switzerland’s judiciary set aside the decision of its central bank to completely strike down the value of Credit Suisse’s AT-1 bonds when it was acquired by UBS. Will it open the pandora’s box back home where a similar matter is up for consideration at the Supreme Court?
However, the restriction on rural branches continues, meaning only branches in areas with a population above 10,000 (as per the 2011 Census) can offer the scheme.
The Japanese financial institution is the largest shareholder in Yes Bank after it acquired 24.99 percent stake in the domestic lender in September this year
According to Setty, SBI’s primary intent in participating in the reconstruction plan was not profit-making but supporting financial stability at a crucial time.
The Yes Bank-SMBC and RBL-Emirates NBD deals have opened doors for more such deals to happen in Indian banking ecosystem
Yes Bank expects that the strategic investment by Japan's SMBC will help credit ratings upgrades, bring down funding costs and support profitability.
Stocks to Watch, 20 October: Stocks like Reliance Industries, HDFC Bank, ICICI Bank, UltraTech Cement, IndusInd Bank, Punjab National Bank, IDBI Bank, RBL Bank, Yes Bank, Federal Bank, Bank Of India, L&T Technology Services, Sobha, Dixon Technologies, Havells India, nad JSW Energy will be in focus on October 20.
SMBC has stated that they will not increase their stake, and they are under no obligation to do so beyond 24.99 percent, says CEO Prashant Kumar.
Yes Bank Q2 FY26 results: Asset quality remained broadly stable, but provisions rose, indicating higher provisioning requirements even as slippages remained contained.
Rajeev Kannan, group executive officer and head of SMBC Group's India division, said the bank is focused on contributing to Yes Bank's board as its largest shareholder and does not intend to take on an executive role in the lender