Nexus Select Trust is a REIT that is backed by rental yielding assets. The trust is listed at a mild premium of 3% over the issue price on Friday. Analysts advise investors to hold on to the stock and even accumulate at the listing price for the long-term considering the growth visibility.
Stay focused on domestic fundamentals; no need to react to every US macro move: Sandip Sabharwal
According to Sandip Sabharwal, the proposed US remittance tax is the primary concern for Indians, potentially affecting remittance flows and increasing costs for the Indian