Updated: February 26, 2023, 04:41 PM IST
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Selling pressure on Yes Bank shares. MoreYes Bank shares under selling pressure after climbing to 52-week high ₹24.75 per share on NSE in December 2022. After climbing to a 52-week high, in almost two months, Yes Bank share price has recovered as much as 35 per cent as Yes Bank share price today ₹16.10 per share level on the NSE. However, Edelweiss Mutual Fund is unaffected by this fall in Yes Bank shares. The asset management company (AMC) has increased its stake in Yes Bank by buying more shares of the private lender in January 2023. As on January 31, 2023, Edelweiss Mutual Fund held 4,84,135 shares while the AMC held 4,65,671 shares of Yes Bank. On 31 December 2022. This means that AMC bought more shares of Yes Bank in January 2023. The AMC informed Mint that the investment in Yes Bank has been made through Edelweiss MF Index Fund. Let us try to analyze the move of Edelweiss in buying more shares of Yes Bank in this video