Supreme Court Ruling Hits Yes Bank Shares, Drop Up to 20%
The Supreme Court's decision on Yes Bank's AT1 bonds caused panic among investors, leading to a sharp decline in the bank's shares by up to 20%. The ruling upheld the High Court's verdict, impacting mutual funds like Kotak MF, which imposed restrictions on two debt funds. Meanwhile, the broader market saw gains with Sensex rising 1533 points and Nifty crossing 22,900.
Hindustan·


