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Mardul Sharma

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  • Published: May 12 2025 12:53 PM
  • Last Updated: May 29 2025 11:50 AM

Yes Bank shares surged 10% after SBI sold its stake to SMBC, boosting investor confidence. Meanwhile, Steam offers massive discounts on the Mortal Kombat series and other games.


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Yes Bank's Surprise Jump and Steam's Killer Sales!

Okay, buckle up, because this week's been wild! First, we have Yes Bank's stock doing a complete 180, and then, BAM! Steam's got a sale that's practically begging you to empty your wallet. Let's dive in, shall we?

Yes Bank: From Rollercoaster to Rocket Ship?

Honestly, who saw *this* coming? The stock market's a crazy place, you know? One minute everything's calm, the next it's a total frenzy. That's exactly what happened with Yes Bank. After State Bank of India (SBI) sold its stake to Japan's Sumitomo Mitsui Banking Corporation (SMBC), things went absolutely bonkers. On Friday, the share price jumped a whopping 10%, closing at ₹20.05 on the NSE. Whoa.

Experts are calling it a game-changer. SMBC's investment isn't just money; it's a serious boost to Yes Bank's global potential. Suddenly, they're not just a local bank anymore – they've got a shot at becoming a major player on the world stage. Easier fundraising? International expansion? It's all on the table.

So, who's involved? SBI, HDFC Bank, LIC, ICICI Bank – they're all offloading their stakes to SMBC. What does that mean for the future? Analysts are predicting improved governance, better risk management, a flood of international capital, and a massive jump in investor confidence. Some are even suggesting the price could hit ₹23 to ₹24 per share!

Prashanth Tapse from Mehta Equities summed it up perfectly: "This transaction has the potential to be a game-changing move for Yes Bank." He thinks it's a win-win, benefiting not just Yes Bank but also SBI and other investors who bailed them out back in 2020.

Anshul Jain from Lakshmishree Investments agrees, saying the recent price surge signals a major shift. He expects the shares to push towards the next resistance zone of ₹21 to ₹21.50.

Steam Sale: Get Your Game On!

Okay, deep breath. Let’s switch gears completely. Because while Yes Bank is making headlines, Steam is having a sale that's just as exciting – maybe even more so for some of us! We're talking the Mortal Kombat franchise sale! Warner Bros. is practically giving away their games – discounts of up to 90%!

Want Mortal Kombat 1? Grab the base game and the Khaos Reigns expansion for peanuts. How about Mortal Kombat 11 Ultimate? The complete collection is insanely cheap right now. Feeling extra ambitious? There are bundles combining Mortal Kombat 11 Ultimate and Injustice 2 Legendary Edition, saving you even more cash. And don't forget Mortal Kombat X and Mortal Kombat XL – they're also on sale!

But wait, there's more! The critically acclaimed Metroidvania, Nine Sols by Red Candle Games, is also 40% off. Seriously, this indie gem is stunning.

These deals won’t last forever, though, so act fast!

This Week's Double Win

Whether you're more interested in the financial markets or the gaming world, this week's been packed with amazing opportunities. Yes Bank's unexpected surge is definitely a story to follow, and Steam's sale is a gamer's dream come true. So keep your eyes peeled on the market, and don't miss out on those Steam deals!

FAQ

Yes Bank shares surged 10% due to SBI selling its stake to SMBC. This SBI stake sale increased investor confidence in the bank's future, leading to the stock surge.

The SBI stake sale to SMBC signifies a major shift in Yes Bank's ownership structure and is seen as a positive step by investors, boosting confidence in the bank's stability and potential.

Yes Bank shares experienced a significant 10% increase following the news of the SBI stake sale to SMBC. This substantial increase reflects positive investor sentiment.

Steam is offering massive discounts on the Mortal Kombat series and many other video games. The exact discounts vary by game but are substantial enough to be considered major gaming deals.

While Mortal Kombat is highlighted, the Steam sale includes discounts on a wide range of video games. It's a great opportunity to find other gaming deals worth checking out.

The Steam sale can be found directly on the Steam platform. Look for the 'Sales' or 'Deals' section to find the discounted Mortal Kombat games and other gaming deals.

Yes, the SMBC investment is widely viewed as a positive development for Yes Bank, showing investor confidence and potentially indicating future growth and stability.

Increased investor confidence directly impacts the stock price positively. The SBI stake sale to SMBC significantly improved investor confidence, leading to the Yes Bank share surge.

The duration of the Steam sale on Mortal Kombat and other video games is not specified in the provided text. You would need to visit the Steam store for details.

Yes, the Steam sale includes many video game deals beyond just the Mortal Kombat franchise. Visit the Steam store to explore the various gaming deals available.

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