Yes Bank's Stock Continues to Decline, Underperforms Sector and Benchmark Index.

Yes Bank ., one of the largest private banks in India, has been facing a downward trend in its stock performance. On November 13, 2024, the bank's stock lost -3.39%, according to MarketsMOJO's stock call of 'Sell'. This puts the stock at a close proximity of 4.87% away from its 52-week low of Rs 18.15.

In today's trading, Yes Bank underperformed the sector by -1.26%. This is in line with the stock's consecutive fall for the last 5 days, with a total decline of -8.45% during this period. The bank's stock is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

The entire private bank sector has also seen a decline of -2.13%, further adding to Yes Bank's negative performance. In comparison, the Sensex, India's benchmark index, has only seen a decline of -1.08% in today's trading.

Over the past month, Yes Bank's stock has seen a decline of -10.70%, while the Sensex has only seen a decline of -4.37%. This further highlights the bank's underperformance in the market.

While the reasons for Yes Bank's decline are not mentioned, investors should keep a close eye on the bank's stock performance and monitor any developments in the future.