The BSE and the S&P Dow Jones announced a strategic partnership on Tuesday that would see the Sensex and indexes such as the BSE 200 and BSE 100 co-branded as S&P.
The move is effective from Tuesday and would allow the BSE and the S&P Dow Jones to calculate, disseminate, and license the widely followed suite of BSE indexes.
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What seemed like a possibility for the Nifty to cross the 8,000 mark just two weeks ago has now turned out to be a far-fetched dream. A 7,950-8,000 range could be used to book partial profits and re-enter closer to 7,750-7,800 for the next couple of weeks. The next big trigger would be the arrival of monsoons, writes Ambareesh Baliga. Read