Nexus Select Trust raises Rs 1,440 cr from anchor investors; to hit market with Rs 3,200 cr REIT IPO on May 9

Blackstone-sponsored Nexus Select Trust, which will hit the capital market on Tuesday, has raised Rs 1,440 crore from anchor investors.Nexus Select Trust will launch India’s first REIT (Real Estate Investment Trust) Initial Public Offer (IPO) backed by rent yielding retail real estate assets. At present, there are three listed REITs on stock exchanges but all […]

Markets Wrap Up – Wed, 14 Dec ‘22: Stocks rise, rupee appreciates; Asia, Europe markets, Gold, Crude, Crypto updates

Indian equity indices concluded the day slightly up. The Sensex closed above 62,670 while the Nifty settled above 18,660. Meanwhile, Bank Nifty touched a new intraday high for the second consecutive session, reaching the 44,100 level and ending 100 points higher. The top gainer of the Nifty 100 was LTI Mindtree Ltd (up 2.97%), Gail […]

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