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Sensex Hits All-Time High, Yes Bank Gets $1.2bn Investment Offer, Share Prices Surges c. 39%

Professor of Financial Economics and Part-time Value Investor, Transfin.
Oct 31, 2019 11:55 AM 1 min read

BSE Sensex today hit an all-time high. Yes Bank receives binding investment offer worth $1.2bn. Share price surges c. 39%.


Sky-High: BSE Sensex today hit an all-time high at 40,376, surpassing the previous record high of 40,312 attained on June 4. The rally comes amidst the rise in select bank, auto, IT and pharma stocks. Moneycontrol


Sensex Hits All-Time High, Yes Bak Gets $1.2bn Investment Offer, Share Prices Surges c. 39% 


Flying High: Private lender Yes Bank today said that it has received a binding investment offer worth $1.2bn from a global investor through fresh issuance of equity shares.


Yes Bank share price surged c. 39% before closing at INR70.30 (+24%) on the back of the news.  


The lender also said that it continues to be in advanced discussions with other global and domestic investors. NDTV Profit


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