Private sector banking major Yes Bank witnessed a strong opening on Monday but the shares started drifting lower soon.

Private sector lender Yes Bank has been in the news since the start of this year due to major trouble caused by bad lending practices and other issues at management level.

Yes Bank stock started hitting upper circuits last week but during the last three trading session, the stock price of private sector lender has started declining.

Market expert Ashwani Gujral has suggested five BUY Calls and no SELL calls for today’s trading session, suggesting a bullish outlook for Indian markets from Gujral.

Banking stocks, led by private banking majors have finally halted the gradual rally in Indian stocks during the week.

Yes Bank has been in focus since the private sector bank announced its FPO pricing.