MUMBAI: More broking firms are keen to get themselves rated, as it helps them get a better deal from banks while borrowing from them, say officials at rating agencies. A healthy rating enhances the credibility of brokers, who plan to issue debentures — often used as underlying debt papers in structu..

India Infoline plans to start mutual fund operations by the first quarter of the next financial year, its Chairman Nirmal Jain told reporters on Thursday.

"We have in-principle approval from SEBI (for commencing mutual fund operations) and we expect to get a final approval in two to three months,..

MUMBAI: India Infoline has advised traders to buy Sintex Industries for target of Rs 265.

“Sintex Industries advanced by over 3% and closed above its 50-DMA, suggesting continuation of an intermediate uptrend. Moreover, the swift movement in the stock over the week was backed by impressive volume..

MUMBAI: India Infoline has advised traders to buy Biocon for target of Rs 293.

“On the daily chart, Biocon attempted to break out from a three-week resistance zone. The stock was moving in a range of Rs 284-255. Yesterday, the stock crossed above the top of the above trading range. However, selli..

MUMBAI: India Infoline has advised traders to buy Nagarjuna Constructions for target of Rs 168.

“Nagarjuna Constructions has been consolidating between the range of Rs 141-157 since last three weeks. On Tuesday, it broke out from the above mentioned trading range. The daily RSI is exhibiting stro..