Asia’s oldest bourse BSE has decided to snap ties with S&P Dow Jones, which manages and operates benchmark Sensex, and plans to develop indices through its own in-house development team, exchange’s officials said.

The two entities had announced a joint venture — Asia Index — in 2013 to provide an array of indices enabling global and domestic investors to participate in South Asia’s vibrant economies.

The BSE Sensex on Friday continued its rising streak for the second day to end at near a four-week high of 35,436.33, fuelled by gains in Reliance Industries, Bharti Airtel and other bluechips amid continued foreign fund inflows and strengthening rupee.

A higher opening in European shares too influenced sentiments here.

Indian stock markets edged higher today, boosted by rupee’s gains against the US dollar and recent decline in global oil prices. The Sensex was up nearly 250 points while Nifty inched closer to 10,700. Jet Airways shares extended gains on reports that Tata Group was in talks to buy a controlling stake in the airline. Jet Airways shares were up 8%, extending their gains after surging 25% on Thursday.

Mumbai: The BSE benchmark Sensex rose over 100 points to 35,257.88 and the NSE Nifty regained 10,600-mark on Thursday backed by gains in auto, pharma, energy and financial stocks amid fresh foreign fund inflows and easing global crude prices.

The appreciating rupee and mixed leads from other Asian markets too influenced sentiment.

Mumbai: The BSE benchmark Sensex on Wednesday turned choppy on profit-booking, after surging over 200 points amid persistent fall in global crude prices amid easing concerns over rising current account deficit and inflation.

The 30-share Sensex was trading 14.78 points lower at 35,129.71, after it spurted 201 points, or 0.57 per cent, to 35,345.49 points in opening session. The gauge had gained 332 points on on Tuesday.

Mumbai: The benchmark indices turned choppy in morning trade Tuesday and oscillated between gains and losses, driven by better-than-expected macro economic data and fresh foreign fund inflows amid global sell-off.

The 30-share index fell over 140 points in opening trade but soon recovered the lost ground to quote higher by 46.12 points or 0.13 per cent at 34,859.11.

The BSE benchmark Sensex recovered by over 155 points and the NSE Nifty breached the 10,600-mark in opening trade Monday on fresh buying by investors, ahead of release of macroeconomic data later in the day.

Traders said, fresh fund inflows by foreign funds and a bullish trend on other Asian bourses also influenced trading sentiments here.

Sensex and Nifty recorded minimal gains during the truncated week ended Friday amid the festive season and volatility in the global markets. However, easing crude prices provided some relief to the rupee. On Friday, benchmark Brent crude oil fell below $70 a barrel for the first time since early April. The week also marked the end of the Samvat 2074.

Benchmark stock indices opened on a negative note on Friday following weak global cues after the US Federal Reserve left key interest rates on hold last night, but hinted a rate hike next month.

The BSE Sensex was trading 114.08 points, or 0.32 per cent, lower at 35,123.60. It had dropped 226.45 points in opening trade.

The Indian stock markets BSE, NSE will be closed today on the occasion of Diwali Balipratipada. Yesterday, the Sensex and Nifty logged their best Muhurat trading session in 10 years. Kicking off Samvat 2075, the Sensex ended Diwali Muhurat session with gains of more than 245 points, even as the Nifty 50 gained about 70 points. Sensex ended the session 245.77 points higher at 35,237.68, while the Nifty 50 zoomed about 68.4 points to 10,598.40.

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