BSE is to snap ties with S and P Dow Jones

BSE is to snap ties with S&P Dow Jones. BSE plans to develop indices through its in-house development team. S&P Dow Jones manages and operates the benchmark Sensex.
Arjun Manjunadha

Updated: Nov 19,2018 01:15:50 pm

BSE is to snap ties with S and P Dow Jones

19 November 2018 Current Affairs:

Bombay Stock Exchange (BSE), Asia’s oldest bourse, is to snap ties with S&P Dow Jones. BSE plans to develop indices through its in-house development team. S&P Dow Jones manages and operates the benchmark Sensex. 
The two entities had announced a joint venture (JV) named Asia Index in 2013. The JV is to provide an array of indices enabling global and domestic investors to participate in South Asia’s vibrant economies.

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