Is intraday allowed for Yes Bank?
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Is intraday allowed for Yes Bank?
Yes, you can do intraday trading with as 100 or more shares nowadays in yes bank scrip. Their protocol was for delivery traders who have bought more than 100 shares in that particular time period and announcement of cant sell more than 25\% holding was levied on the particular time period of purchase.
Should we hold Yes Bank share?
Those at Emkay retain Sell rating on Yes Bank shares with a target price of ₹10 amid persistent concerns over its asset quality, sub-par return ratios, and unfavorable risk-reward ratio. We retain a Sell rating with a target price of ₹12,” it said in a note. Yes Bank’s Fresh slippages fell sequentially to ₹1,783 crore.
If you hold more than 100 shares of Yes Bank, you are locked in for 3 years. You will not be able to sell it. Kite will start showing only 25\% of shares you held on 13th March, the shares you can sell. The total quantity including the locked shares will be shown on Console.
How many shares are there in Yes Bank?
Share Holding Pattern (\% of Shares Held)
| CATEGORY OF SHAREHOLDER | Total Number of Shares | Percentage ShareHolding (\%) |
|---|---|---|
| NRIs/OCBs | 1,43,37,269 | 0.62 |
| Others | 31,60,07,628 | 13.69 |
| Total Non-Institution | 40,72,49,196 | 17.64 |
| Total Non Promoter | 1,84,94,15,595 | 80.09 |
If you hold more than 100 shares of Yes Bank, you are locked in for 3 years. You will not be able to sell it. Kite will start showing only 25\% of shares you held on 13th March, the shares you can sell.
How to select stocks for intraday trading?
Volatility and liquidity should be primarily at the top of a trader’s mind while selecting stocks for intraday trading. However, other factors like market cycles, stocks in the news, stocks with technical trade setups can be included in the list and actively tracked especially when they are trading at day’s high or day’s low.
Can I trade Nifty derivatives for intraday trading?
Yes definitely you can trade nifty derivatives (f&o) for intraday trading. You can also trade in bank nifty derivatives. 8 clever moves when you have $1,000 in the bank. We’ve put together a list of 8 money apps to get you on the path towards a bright financial future.
What is the lock-in period for Yes Bank Limited shares?
Update March 15, 2020: There was a notification from the Ministry of Finance in the matter of Yes Bank Limited on Friday evening, March 13th, 2020. As per this, 75\% of all shares that you hold will be locked for 3 years and can’t be sold. This won’t be applicable for investors holding less than a hundred (100) shares.