India Infoline gets SEBI nod for mutual fund biz; stock up

MUMBAI: India Infoline has received SEBI final approval for IIFL Mutual Fund. This will enable the company to launch mutual fund schemes in due course.

The stock was at Rs 69.90, up 0.58 per cent on the NSE. It touched a high of Rs 71.30 and low of Rs 68.20 in trade so far. Around 5.46 lakh shares were traded in the counter.