The reopening of China’s economy, with the government relaxing measures and preparing to reopen Hong Kong’s border, could spell trouble for India’s capital markets as investors move increasingly to the land of the dragon. In the FTSE Emerging Index, India has a weight of around 17-18%, while China is twice the weight at above 35%. […]
Nexus Select Trust REIT IPO: Blackstone-backed Nexus Select Trust REIT’s Rs 3,200 crore IPO opened for subscription on 9 May. The issue’s price band has been set at Rs 95-100 per unit. The public offering comprises a fresh issue of units up to Rs 1,400 crore and an offer for sale (OFS) component with unitholders […]