MoneyLIFE has been pointing out that the market has run up too high, too fast and that a correction, when it comes, will be a sharp one. The market has, however, continued to climb after sharp dips. These are extraordinary times. The economy is going through a long-term bull phase whose driving forces are intact. At such times, the belief of Indians in their economic dreams is strong too. It...

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...