Yes Bank shares drop nearly 5%; top loser on Sensex and Nifty

Yes Bank shares Friday came under selling pressure, tumbling nearly 5 per cent, to hit a four-month low.

The scrip plunged 4.59 per cent to end at Rs 323.45 on BSE. During the day, shares of the company lost 5 per cent to Rs 322.

At NSE, shares of the company dropped 4.58 per cent to close at Rs 323.65.

The stock was the worst hit among the blue chips on both the key indices during the day.

In terms of equity volume, 43.17 lakh shares of the company were traded on BSE and over 4 crore shares changed hands at NSE during the day.

The stock has fallen for two days in a row, down nearly 6 per cent, wiping out Rs 4,636.64 crore from its market valuation to Rs 74,656.36 crore on BSE.