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Earlier, Dubai-based Aster DM Healthcare had approved the sale of its business in the GCC (Gulf Cooperation Council) region to Alpha GCC Holdings for a consideration of $1.01 billion.
The board of directors held a meeting earlier on Monday to discuss the progress of the transaction between Affinity Holdings and Alpha GCC Holdings for segregation of the companys GCC business.
Stocks to watch: Shares of firms like TCS, Infosys, SpiceJet, Maruti, Aster DM, Polycab, BOI, and others will be in focus on Thursday's trade.
After selling its Gulf business, Aster DM Healthcare is doubling down on India, and is looking to expand in the North
The 30-share BSE Sensex pack surged more than 600 points to hit above 66,750 level, while the broader NSE Nifty index moved around 170 points to trade above 20,000. Such was the rise in the domestic bourses that over Rs 2.2 lakh crore of BSE market capitalisation (m-cap) was generated.