Stock market today: Following an upgrade by the global rating agency Moody’s, Yes Bank’s share price witnessed a strong uptrend in early morning deals. Yes Bank shares opened with an upside gap at ₹26.10 apiece on the NSE and touched an intraday high of ₹26.60 per share within a few minutes of the opening bell.
On why are Yes Bank shares rising today, stock market experts said that the global rating agency Moody’s upgraded its outlook on the private lender from ‘stable’ to positive, which triggered strong buying in the early morning session.
