Yes Bank figures out amongst the top losers on the BSE currently, down 3% at Rs.615 which is around its intra day low of Rs.614.40. Ironically; the stock had hit a new 52-week high on Friday at Rs.634.25 indicating an inbuilt volatility of stocks.

FII investment in every stock is allowed only upto a certain limit and it has reached that upper limit in Yes Bank, meaning no more FIIs buying more into this private sector bank. RBI, which monitors this threshold in every stock on a day-to-day basis has said that for further purchases of equity shares of this bank would be allowed only after obtaining its prior approval.

FII stake as at 3oth June’14 stood at 45.04%.