Sharmila Joshi of sharmilajoshi.com told CNBC-TV18, "There has been good news for rating companies and we have only a couple of companies within that space. So, it makes a lot of sense to just stay invested. I think this will be an area which will be protected from everything that is happening around them, so even from that point of view, it is a good sector to have a bid. So, it is an absolute thumbs-up, just stay invested in Credit Analysis and Research (CARE)."
At 15:08 hrs Credit Analysis and Research was quoting at Rs 1,397.80, up Rs 13.35, or 0.96 percent.