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YES Bank rallies 6% as lender denies stake sale report

image NEW DELHI: Shares of YES BankNSE 6.81 % climbed over 6 per cent in Wednesday’s trade after the private lender denied a Reuters report that suggested the bank was close to securing a deal to sell a minority stake to a global technology company.

In a reply to BSE, the lender said the news report was speculative.

The stock jumped 6.41 per cent to hit a high of Rs 67.15 on BSE.........................ET