After all, why did the shares of Yes bank jump, good news for investors Yes bank shares are seeing a rise? T

The reason for this is being believed to improve the condition of the bank and its merger with a big bank.

After a long time, news of relief has come for the investors of Yes Bank. Its shares have gained over 23 percent this week. During this, the price of one share of Yes bank has increased from Rs 12.80 to Rs 15.80. On Friday, the shares of Yes bank were trading at Rs 15.80 per share with a jump of 1.61% on the NSE. 

According to stock market experts, the shares of Yes bank are seeing a rise due to three reasons. The first reason is that private equity group Carlyle is looking to buy a 10 percent stake in Yes Bank. The second reason is that the board of kotak mahindra bank has approved the decision to put Rs 500 crore in Yes Bank. At the same time, the third reason is that the credit rating agency CARE has increased the rating of Yes Bank's bonds from BBB to BBB+.

At the same time, experts say that the shares of Yes bank have given a fresh breakout at the level of Rs 15 and on the chart pattern it is seen moving upwards from the current level.

 Ravi Singhal, Vice-Chairman, GCL Securities told Livemint, “There are reports that private equity group Carlyle is looking to buy 10 percent stake in Yes bank for around $500-600 million. Dalal Street is buzzing with the news. Today's rise in Yes bank stock can be attributed to this news. 

According to an expert, the market is looking toward this stock, it is a good sign. Recently we saw that the board of kotak mahindra bank has approved an investment of Rs 500 crore in Yes Bank. 

On the investment front, both these news have played an important role in increasing the price of Yes bank shares. 

Pointing to the news of the merger, Santosh Meena, Research Head, Swastika Investment, said, "There is speculation in the market that a big player may take over Yes Bank. 

Due to this, the stock of Yes bank has risen sharply over the last few days. We have seen many mergers and acquisitions in the banking and financial sectors. Hence, such discussions related to Yes bank cannot be ruled out." Along with this, Santosh meena has described the growth of the banking sector as a good sign and we can expect a good performance of smaller banks like YES bank in the future.