Yes Bank Gains 3.58%: 6 Key Factors Driving the Week’s Mixed Momentum

29 December 2025: Exceptional Volume Amid Mixed Price Action

Yes Bank emerged as one of the most actively traded stocks on 29 December 2025, with a remarkable volume of over 1.12 crore shares exchanging hands. Despite this surge, the stock closed slightly lower at Rs.21.36, down 0.74%, underperforming the Sensex which declined 0.41%. The day’s price action reflected a narrow trading range between Rs.21.45 and Rs.21.59, indicating indecision among investors.

Technically, the stock traded above its long-term 100-day and 200-day moving averages but remained below shorter-term averages, signalling resistance. Delivery volumes declined by 33.12% compared to the five-day average, suggesting that much of the volume was driven by intraday or speculative trades rather than long-term accumulation. This combination of high volume and slight price decline pointed towards distribution, although the presence of long-term support levels offered some stability.

30 December 2025: Open Interest Surge Amid Price Decline

The following day, Yes Bank recorded an even higher volume of 1.16 crore shares but closed lower at Rs.21.20, down 0.84%. The stock underperformed both its sector, which declined 0.12%, and the nearly flat Sensex. Notably, open interest in derivatives surged by 11.62% to 66,503 contracts, indicating fresh positions being established and heightened market activity.

This surge in derivatives activity, combined with rising delivery volumes (up 5.2%), suggested that long-term investors were accumulating shares despite short-term price weakness. The stock remained above its 200-day moving average but below shorter-term averages, reflecting mixed momentum. The elevated options turnover, with a notional value exceeding ₹7,900 crores, pointed to complex hedging and speculative strategies at play.

31 December 2025: Volume Surge Amid Positive Momentum

On the last trading day of 2025, Yes Bank witnessed a significant volume surge to 1.43 crore shares, with delivery volume spiking by 604.31% compared to the five-day average. This strong accumulation signal was accompanied by a price gain of 0.84%, closing at Rs.21.52. The stock outperformed its private sector banking peers, which gained 0.18%, and the Sensex’s 0.17% rise.

Technically, the stock remained above its 100-day and 200-day moving averages, indicating a longer-term bullish bias, though it faced resistance from shorter-term averages. The improved Mojo Score of 55.0 and Hold rating reflected a cautiously optimistic outlook. Liquidity supported sizeable trades up to ₹4.06 crores, facilitating institutional participation.

1 January 2026: Exceptional Volume Amid Mixed Price Action

Starting the new year, Yes Bank maintained high trading volumes with 71.6 lakh shares traded, but the stock closed marginally lower at Rs.21.49, down 0.56%. This underperformance contrasted with the private sector banking sector’s 0.17% gain and the Sensex’s 0.15% rise. Delivery volumes declined by 43%, signalling reduced long-term investor participation despite elevated overall volume.

The stock’s price remained above its 100-day and 200-day moving averages but below shorter-term averages, reflecting short-term consolidation. The slight price dip amid high volume suggested a distribution phase, possibly due to profit-booking or cautious positioning ahead of upcoming events.

2 January 2026: Volume Surge Amid Mixed Technical Signals

Yes Bank closed the week on a strong note with a 3.72% gain to Rs.22.29, supported by a volume surge to 7.9 million shares. The stock outperformed both its sector, which gained 0.55%, and the Sensex’s 0.81% rise. Despite this, delivery volumes fell sharply by 71.23%, indicating that intraday and speculative trading dominated the session.

Technically, the stock traded above its 5-day, 100-day, and 200-day moving averages but remained below the 20-day and 50-day averages, suggesting a consolidation phase. The Hold Mojo Grade and mid-cap status reflect a balanced outlook, with investors advised to watch for a decisive breakout above resistance levels to confirm sustained momentum.

Key Takeaways

Positive Signals: The week’s volume surges, especially on 31 December and 2 January, coupled with rising delivery volumes midweek, indicate phases of accumulation by long-term investors. The stock’s position above its 200-day moving average throughout the week supports a longer-term bullish outlook. The Mojo Score upgrade to Hold reflects improving fundamentals and market sentiment.

Cautionary Signals: Frequent underperformance relative to the sector and Sensex on certain days, combined with declining delivery volumes towards the week’s end, suggest intermittent distribution and profit-taking. Mixed technical signals, with the stock trading below several short- and mid-term moving averages, point to near-term resistance and consolidation phases. Elevated derivatives activity and open interest surges indicate speculative positioning, adding volatility risk.

Conclusion

Yes Bank Ltd’s trading activity over the week ending 2 January 2026 was characterised by robust volumes, mixed price action, and evolving investor sentiment. The stock outperformed the Sensex with a 3.58% gain, supported by notable accumulation signals and a stabilising Mojo Grade. However, the presence of short-term technical resistance and fluctuating delivery volumes highlight ongoing uncertainty.

Investors and traders should monitor key technical levels, delivery volume trends, and sectoral developments closely. The stock’s mid-cap status and liquidity profile make it accessible for both institutional and retail participants, but caution is warranted given the mixed signals. Overall, Yes Bank remains a stock in transition, balancing between consolidation and potential breakout phases as market participants digest recent developments and position for the coming weeks.

Only Rs. 9,999 - Get MojoOne + Stock of the Week for 1 Year (MRP = Rs. 34,999) Start Today