IRFC Q3 results: The rail PSU's net profit in December 2023 quarter came at Rs 1,604 crore, down 1.78 per cent from Rs Rs 1,633 crore in the year-ago period. The quarterly results were announced after market hours.
Nifty on Friday ended 65 points higher and found support at 20-DMA to form a small body-positive candle with a minor lower shadow on the daily chart to signal buying at lower levels.
YES Bank stocks have been on the radar of Dalal Street traders lately. The stock turned multibagger from its 52-week low of Rs 14.10 hit in October 2023.
The short-term trend of Nifty seems to have turned down and one may expect some more weakness in the short term. The near-term uptrend of the market remains intact and further weakness down to the immediate support of 21,550-21,500 levels could be a buying opportunity, said Nagaraj Shetti of HDFC Securities.
YES Bank share price: The stock today jumped 20 per cent to hit its one-year high price of Rs 30.50. It eventually settled with 29.83 per cent gains at Rs 29.83 on Wednesday. At this price, the counter has zoomed 30.83 per cent in two straight trading days.