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About 13 percent jump has been seen on BSE.
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This surge reached the intraday price of around Rs 25.26.
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The main reason for this is that HDFC Bank has increased its stake in Yes Bank as per the guidelines of RBI.
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HDFC Bank can increase its stake in Yes Bank to 9.50 percent.
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Yes Bank's share was near Rs 14 in 2023, which has now increased to Rs 26.25.
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The charts of Yes Bank are giving strong signals on its stock.
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Next steps