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Investors sold out of Yes Bank Ltd on Tuesday after rising bad loans triggered its first quarterly loss and brokerage Macquarie Research set a rare double-downgrade on the company’s stock. The private-sector lender’s shares plunged up to 30 percent, its biggest intraday percentage loss in over 7 months, dragging down the broader NSE Index in the market’s first response to its results reported late Friday. Markets were closed on Monday."
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