Stocks To Buy: If you are thinking of earning from cheap shares in the stock market, then you can keep an eye on a banking stock. This share belongs to Yes Bank. The brokerage is bullish on the stock with a buy recommendation. Currently Yes Bank shares are at Rs 21.05. According to MK Global Financial Services, this stock can make strong profits in the coming days.

What do experts say?
Sandeep Pandey of MK Global Financial Services has advised high risk traders to invest in Yes Bank. He has said, ‘High risk appetite investors can keep an eye on Yes Bank shares as it is going to accelerate. It is one of the biggest beneficiaries of the bad loan initiative taken by the Ministry of Finance. Yes Bank stock can go up to ₹60 per share level in next four to five years. That is, the shareholders of Yes Bank can get at least 200 percent return on betting.

Foreign investor sold 2.5 lakh shares, IPO came only last month

Company’s shares are in focus
Let us tell you that in the last week of December, there was a tremendous boom in the shares of Yes Bank. The bank had asked JC Flowers ARC to transfer the NPAs. Recently there was news that Yes Bank may deal with startup company Falcon. Let us tell you that Falcon is a start-up company. Which is working on BAS (Banking-as-a-Service) model. Let me tell you, apart from Yes Bank, Falcon provides its service to ICICI Bank, IndusInd Bank, Punjab National Bank, Visa and NPCI. Not only this, Yes Bank has also announced a partnership with Microsoft.

Disclaimer: The views and recommendations given above are of the broking companies and not of Live Hindustan. We advise investors to do due diligence with certified experts before making any investment decision.