📉 YES Bank Shares Crash 10% Amid Heavy           Block Deals & Fundraising Buzz

YES Bank shares took a nosedive today, plummeting nearly 10% on both NSE and BSE, sending shockwaves through investor circles and sparking intense market chatter. The sudden selloff comes amid massive block deals, unusually high trading volumes, and growing speculation about the bank's capital-raising strategy.

💥 Heavy Volume & Block Deal Rumors Spook Investors

By mid-morning trading on June 03, 2025, over 150 crore YES Bank shares had changed hands across exchanges - a staggering 32 times the two-week average volume! 💸 The NSE alone saw:

• 🔹 100+ crore shares traded
• 🔹 Worth ₹2,168+ crore

Meanwhile, BSE recorded nearly 50 crore shares worth ₹1,078+ crore changing ownership. This frenzy dragged the stock price down to ₹21.05 from Monday's close of ₹23.27, wiping out recent gains in a single session.

Market whispers suggest a private equity player might be behind the selloff, though neither the buyer nor seller has been officially identified in these block trades.

🚨 YES Bank Clarifies SMBC Stake Rumors

Adding fuel to the fire, YES Bank rushed to clarify no discussions have occurred with Sumitomo Mitsui Banking Corporation (SMBC) about a potential controlling stake acquisition. In a regulatory filing, the bank stated:

"The bank is not aware of nor involved in any such discussions... no 'road map' talks with RBI have taken place."

💰 Fundraising Plans Take Center Stage

In an interesting twist, YES Bank's board meets today to consider fundraising options, including:

• ✅ Equity share issuance
• ✅ Debt instruments
• ✅ Private placements
• ✅ Preferential issues

This comes just weeks after May 2025's major development where SBI and seven private banks sold a 20% stake (413 crore shares worth ₹13,482 crore) to SMBC at ₹21.50 per share.

🔍 Conclusion: What This Means for Investors

Today's wild price action highlights how block deals, speculation, and strategic moves can dramatically impact share prices. While the immediate drop may alarm some investors, the upcoming fundraising decision could chart a new course for YES Bank's future.

💡 Pro Tip: Keep an eye on the board meeting outcomes and official announcements - these could either calm nerves or spark the next big move in YES Bank's stock journey.