The benchmark indices are trading lower with Nifty holding above 10,700 level.
The Sensex is down 124.18 points at 35650.70, while Nifty down 49.90 points at 10713.50. About 895 shares have advanced, 1125 shares declined, and 100 shares are unchanged.
Varun Beverages, Yes Bank, Indiabulls Housing, Jet Airways and Dewan Housing are the most active shares on BSE.
Yes Bank Under Pressure:
Yes Bank shares slipped as much as 6.5 percent in morning after the third board member resigned on Monday.
The private sector lender informed exchanges that Rentala Chandrashekhar, Independent Director has tendered his resignation from the bank's board, with immediate effect, due to personal reasons.
It was the third member to resign from the bank's board after Vasant Gujarathi and Ashok Chawla tendered their resignation as an independent director and non-executive (independent) chairman of the board on November 14.
Source- Money Control
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