State Bank of India and Life Insurance of Corporation continue to be the major DIIs invested in Yes Bank.

In this article, we delve into a curated list of penny stocks that are currently hovering near significant support levels. 

Majority of the stake i.e., 76.73 per cent is held by Domestic Institutional Investors (DIIs) and Public shareholders that include State Bank of India (26.14 per cent), ICICI Bank Ltd (2.61 per cent)

Shares of Andrew Yule & Company, the top BSE Smallcap gainer, rocketed over 19 per cent and reached new 52-week high, keeping small-cap bulls busy.  

In an otherwise weak market, SEPC Ltd, the top BSE Smallcap gainer, soared over 11 per cent and traded at a new 52-week high.  

In the September quarter, the bank quality profile improved with gross non-performing assets (NPA) standing at 12.9 per cent, compared to 15 per cent in September 2021. 

The stock once used to trade in triple digits in the year 2015, however, the stock traded in single digits in the year 2020. It has slowly but steadily picked up the pace and with the current chart structure, it looks set for a turnaround and hence demands to be on the watchlist!

Since September 1, Dish TV India share price increased by more than 40 per cent.  

At the time of Tuesday’s closing bell, the markets rallied heavily, reversing all the losses and gaining the highest on the last trading of the month. 

At 4 pm, Sensex settled at 59,537.07 level, gaining a whopping 1,564.45 points or 2.70 per cent while Nifty 50 closed at 17,759.30, up by 446.40 points or 2.58 per cent.  

Last week, at least two large global private equity players announced their interest in Yes bank.