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Nexus Select Trust is India’s largest mall platform of 17 high-quality assets, strategically located in dense residential catchments across 14 prominent cities such as Delhi (Select Citywalk), Navi Mumbai (Nexus Seawoods), Bengaluru (Nexus Koramangala), Chandigarh (Nexus Elante), Ahmedabad (Nexus Ahmedabad One) among others.​

State-owned railway firms, including Rail Vikas Nigam (RVNL), Indian Railway Finance Corp. (IRFC), and Ircon International, extended their gains on the bourses on Tuesday amid expectations of increased capital expenditure on railway infrastructure in India. The rise in railway shares reflects the expansion of the sector through projects including electrification, new lines, and signalling.

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Brent futures fell 13 cents, or 0.2%, to $75.19 a barrel by 0015 GMT, while West Texas Intermediate crude (WTI) also fell 13 cents, or 0.2%, to $71.53. Both benchmarks closed at their lowest since March 24 in the previous session, when they also recorded their biggest one-day percentage declines since early January.

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Spot gold held its ground at $2,016.29 per ounce by 0140 GMT after rising more than 1% in the previous session, as yields dropped on renewed fears of contagion in the U.S. banking sector.

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ICICI Lombard General Insurance aims to achieve a target combined ratio of 102%. CEO Bhargav Dasgupta stated that this was achievable given increased distribution investments on its health side and technological advancements. Dasgupta also commented on how the increase in reinsurance rates, regulations from the Insurance Regulatory and Development Authority of India (IRDAI), and competition had impacted the industry. He expects more consolidation to take place and said that increased competition in the motor sector would only be effective if pricing went up, or distribution costs decreased.

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Adani Total Gas announced a dividend payout of ₹0.25 per equity share. Adani Total Gas shares climbed 1.5% on the National Stock Exchange, while the broader benchmark Nifty advanced 0.5%.

Steel major Tata Steel Ltd reported consolidated net profit of Rs 1,705 crore for the January-March period. This is a fall of 82% from Rs 9,756 crore a year ago.

"Going ahead, the market may consolidate ahead of key US Fed and ECB policy meetings before resuming its upward journey. With results season picking up steam, stock-specific action is likely to continue," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.

The margin framework, which owes its origin to the financial meltdown of 2008, is aimed to reduce risks and contagion damages of volatility and default in over-the-counter, or one-to-one that banks cut with companies and other banks.

"Euphoria in the retail market as well as activities moderated, new client additions, NSE active clients, all of these numbers declined in the industry," said Vijay Chandok, MD of ICICI Securities. "Cash volumes were also in a downward trajectory throughout the year, and equity capital markets, the fundraising markets were all muted in FY23 as compared to FY22."

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