The Indian market closed in the green for the fifth consecutive day on Thursday, tracking positive global cues.The S&P BSE Sensex rallied nearly 500 points, while the Nifty50 closed above 22,500 levels.Sectorally, buying was seen in auto, power, healthcare, metals, and public sector stocks, while selling was witnessed in realty and consumer durable space.
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Private equity firm KKR has agreed to buy a portfolio of 19 student housing properties from Blackstone Real Estate Income Trust for about $1.64 billion, the companies said on Thursday. The over 10,000-bed portfolio comprises 19 student housing assets located in 14 four-year public universities across 10 states. "This transaction is an excellent outcome for BREIT's investors.
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The market capitalisation of BSE-listed companies jumped to a lifetime peak of Rs 404.18 lakh crore on Thursday helped by a five-day rally in benchmark indices, making investors richer by Rs 11.29 lakh crore. Recovering after a sell-off in early trade, the 30-share BSE Sensex climbed 486.50 points or 0.66 per cent to settle at 74,339.44 on Thursday.
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