Nexus Select Trust Receives 'Hold' Rating from MarketsMOJO, Offers High Dividend Yield

Nexus Select Trust, a largecap real estate company, has been given a 'Hold' rating by MarketsMOJO. The stock opened today with a loss of -6.39%, but still managed to outperform the sector by 0.61%. The day's low for the stock was Rs 141.25, a decrease of -6.39% from the previous day's close.

Despite the initial drop, Nexus Select Trust's moving averages are still higher than the 50 day, 100 day, and 200 day moving averages. However, it is currently lower than the 5 day and 20 day moving averages. This indicates a mixed trend for the stock in the short term.

In the real estate sector, Nexus Select Trust's performance has fallen by -4.78%. However, the company offers a high dividend yield of 3.98% at the current price, making it an attractive option for investors looking for steady returns.

In comparison to the Sensex, Nexus Select Trust's 1 day performance is -4.08%, while the Sensex's performance is -2.91%. Over the past month, Nexus Select Trust has seen a 1.43% increase, while the Sensex has seen a -1.71% decrease.

Overall, Nexus Select Trust's stock may have opened with a loss today, but it still shows potential for long term growth and offers a high dividend yield. Investors should keep an eye on the company's performance in the real estate sector and consider their options carefully before making any investment decisions.