Table of Contents
The restriction on share sell came after the Reserve Bank of India (RBI) first imposed a moratorium, restricting the withdrawal limit at Rs 50,000 from Yes Bank accounts till April 3, 2020.
All the previous falls we see in Yes Bank from 2005 to 2017, were just normal price corrections, but what we saw in Sept 2018 is not a normal price swing. So the chance for Yes Bank to go back to its previous levels are very minimal as per historical price data analysis. Why should you start accumulating Yes Bank shares after the RBI takeover?
What is the price inclination of Yes Bank shares?
The price of share in market solely depends upon the company performance. When company perform better and bring profit consistently, the share price increases in that way. So, for the price inclination, the company has to perform better. Now, The expectation of Yes Bank to perform better is very low.
Can I sell shares in Yes Bank after crisis?
However, the restriction on share sell will not be applicable on investors holding less than 100 shares of the crisis hit Yes Bank.
According to a notification issued by the Ministry of Finance, 75 per cent of all Yes Bank shares that held in the demat accounts of the investors will be locked for 3 years and can’t be sold. The restriction on share sell will not be applicable on investors holding less than 100 shares of Yes Bank.
However, the 75 per cent restriction is applicable only on shares held by investors up to Friday, March 13, 2020 and not on new shares that are bought from Monday, March 16, 2020. So, from Monday, March 16, 2020, whatever new shares are bought, will be available to sell freely.
What is btst (buy today sell Tomorrow)?
According to the notification, BTST (Buy Today Sell Tomorrow) trades will not be allowed in Yes Bank, so the traders/investors will not be able to sell shares bought on March 12 and 13 until they get the delivery of the shares in their demat account.
https://www.youtube.com/watch?v=OU8Ee32wBFo
Can I Sell my shares in Yes Bank?
The restriction on share sell will not be applicable on investors holding less than 100 shares of Yes Bank. According to a notification issued by the Ministry of Finance, 75 per cent of all Yes Bank shares that held in the demat accounts of the investors will be locked for 3 years and can’t be sold.