Nexus Select Trust Stock Drops -3.78% on August 7th, MarketsMOJO Calls it 'Hold'

Nexus Select Trust, a largecap real estate company, experienced a decline of -3.78% on August 7th, 2024. This drop in stock price has been reflected in the stock call given by MarketsMOJO, which is currently 'Hold'.

The stock's performance today has underperformed the sector by -5.3%, with the stock touching an intraday low of Rs 138.53 (-5.17%). However, the stock's moving averages are higher than the 50 day, 100 day, and 200 day moving averages, indicating a positive trend in the long term.

Investors may also be interested in the stock's high dividend yield of 4.11% at the current price.

In comparison to the Sensex, Nexus Select Trust's 1 day performance is -3.26% while the Sensex has seen a positive performance of 0.82%. Over the past month, Nexus Select Trust has seen a decline of -0.97% while the Sensex has also seen a decline of -0.95%.

Overall, Nexus Select Trust's recent performance may be a cause for concern for investors, but the stock's long term trend and high dividend yield may still make it an attractive option for some. MarketsMOJO's 'Hold' call suggests a neutral stance on the stock, and investors should carefully consider their options before making any decisions.