YES Bank, one of the leading private sector banks, plunged on Tuesday after global investment firm J.P.Morgan downgraded the stock to 'underweight' from 'overweight.'

Shares of the bank are trading at Rs 421.80, down Rs 21.15, or 4.77% at the Bombay Stock Exchange (BSE) on Tuesday at 1:22 p.m.

The scrip has touched an intra-day high of Rs 445.70 and low of Rs 413.35. The total volume of shares traded at the BSE is 416,863.

In the earlier session, the shares declined 0.89%, or Rs 4, at Rs 442.95. Currently, the stock is trading down 22.91% from its 52-week high of Rs 547.15 and above 95.19% over the 52-week low of Rs 216.10.