If a sector or a multi-sector theme is hot, can a fund house be far behind in its chase? Four months after Reliance Mutual Fund filed a prospectus for launching a natural resources fund, DSP Merrill Lynch is launching Natural Resources and New Energy Fund to invest in the equity of companies engaged in natural resources. Natural resources are defined as energy, mining, even alternative...
The earnings growth of Nitin Fire Industries lies in its subsidiary that makes CNG cylinders. The profitability of that business will start to flow from the December quarter
Nitin Fire Protection Industries is a leader in fire protection, safety, security and intelligent building management systems.
It also makes high-pressure seamless cylinders and refuelling systems. Both the businesses...
If FII money is not the fuel that is driving the market, what is?
From a high of 20,238 on 30th October, the Sensex fell all the way down to 18,333 on 12th November, a fall of 1,905 points. FII investment has slowed down. Some days have seen large negative outflows. November has been a net negative month so far. And yet, the market is up. Have hedge funds and speculators found a new way to...
