Nexus Select Trust Reaches All-Time High, Outperforms Sector and Sensex

Nexus Select Trust, a largecap real estate company, has recently reached an all-time high price on July 2nd, 2024. According to MarketsMOJO, the stock is currently rated as 'Hold'. The stock is currently trading at a price that is 0.13% away from its 52-week high of Rs 143.99.

In terms of performance, Nexus Select Trust has underperformed the sector by -0.25% today. However, the stock has been on a consecutive gain for the last 2 days and has seen a rise of 2.2% in returns during this period. Additionally, the stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.

Investors may also be interested to know that Nexus Select Trust currently offers a high dividend yield of 4.18% at its current price. This could be an attractive factor for those looking for stable returns.

In comparison to the overall market performance, Nexus Select Trust has outperformed the Sensex with a 1-year return of 34.64% as opposed to the Sensex's 22.98% return. This showcases the company's strong performance and potential for growth in the real estate industry.

Overall, Nexus Select Trust has shown a strong performance and is currently trading at a high price. Investors may want to keep an eye on this stock for potential future growth. However, it is important to note that this is not a recommendation and all investment decisions should be based on individual research and analysis.