Indiainfoline Is The ‘Best Broker’ In India. Courtesy-Finance Asia

By abhinandan • June 26, 2008

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ET reports India Infoline has been awarded as the ‘Best Broker in India’ by Finance Asia magazine. This is an annual ritual conducted by the magazine for study of best financial services firms in each country across Asia. The study was conducted from a period of 1 year from June 2007 to May 2008.

The India Infoline group and its subsidiaries, is one of the leading players in the Indian financial services space. It offers a diverse range of financial services and investment products ranging from Equities and derivatives, Commodities, Portfolio Management Services and Mutual Funds to Life Insurance, Fixed deposits, Loans, Investment Banking, GoI bonds and other small savings instruments. [Boy! That was quiet a list! Phew]. India Infoline was one of the early starters in online stock broking in India. The company caters to over 800,000 customers across a network of 758 business locations in 346 cities and towns.

And this is not the first time that India infoline has been showered with such awards! Previously, India Infoline’s research has been acknowledged by Forbes magazine as ‘Best of the Web’ and ‘A must read for investors in Asia’. Thematic research in addition to company specific research has been the strength of India Infoline. This can be gauged very well from the fact that in March 2008, it had published a compilation of maps and articles which included snapshots of a number of facets of India, including the political setup in each of the 28 states; transport networks; tourist destinations; major manufacturing hubs; mineral-rich regions; and key agrarian locations.

As soon as one logs into their site, one gets a snapshot of the, ’Top Stories’. They include stories which have a significant impact on the economy and the stock markets. Besides that there is a link which leads to views expressed by many big-wigs of the financial industry. They have a separate link dedicated to stocks which gives detailed information about specific stocks followed by various technical indicators. The most important feature though that distinguishes it from the other sites is the section specifically dedicated to commodities which gives everything ranging from specific commodity prices to the related news. In addition to that,[ Does this list end?] there is Macro section which gives in-depth analysis of the Macro-Economic indicators. Here one can access all the information ,be it either RBI’s monetary policy or the recent Inflation numbers. It also boasts of Mutual Fund tracker which compares it with funds of the same genre.

Another feather in the cap of India Infonline. What say?

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