Pushing protection

India's benchmark stock market index, the Sensex, scaled new heights last month on the back of a long bull run. But with equities performing so well, why are product producers keen to market capital-protected investments?


India made history last month when the Bombay Stock Exchange Sensitive Index of 30 shares (the Sensex) breached the 10,000 barrier for the first time in its 20-year history. The Sensex joins the likes of the Dow Jones Industrial Average, Hong Kong's Hang Seng and Japan's Nikkei, all of which trade above 10,000 points.

India's equity markets were boosted further in February when the country's finance ministry forecast that economic growth will hover between 8% and 10% during 2006, compared with 7%

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