Geneva - Government bonds are generally attractive to the layman investor as they are relatively safe. The saver can profit while not fretting over the markets.
An initiative which has been getting off the ground in the past two years is trying to help those investors sleep even easier, knowing their money will go to the developing world to immunize children.
New York - US stocks fell for the first time in three days on Thursday as investors had second thoughts about Federal Reserve actions to shore up the US financial sector.
The Fed said Wednesday it would buy 300 billion dollars in long- term government bonds, an unprecedented effort to help drive investors back into the private sector, and will purchase another 750 billion dollars in troubled mortgage-backed securities at the heart of the financial crisis.
The Sensex remained positive on continued buying activity across key frontline stocks.
Positive opening of European markets also backed the overall market reaction.
For the week ended March 7, 2009, India`s benchmark wholesale price index (WPI), inflation declined sharply to 0.44% as against 2.43% during the last week.
It was at 7.78% during the corresponding week the previous year.
Indian equities opened on a positive note on the back of optimistic global signals and Federal Reserve decision to buy up to $300 billion in long-term U.S. government bonds to boost the nation's economic system.
The stocks from consumer durables, banking and realty sectors were trading up with marginal gains.
Inflation numbers are set to release today.
BSE Midcap and Smallcap index gained 1.05% and 1.01% respectively.
Tokyo - Tokyo stocks rose upon opening Thursday after the Federal Reserve said it would buy more than 1 trillion dollars in bonds, but they ended the morning session lower as the US central bank's move caused the dollar to fall against the yen, hitting exporters' shares.
The benchmark Nikkei 225 Stock Average temporarily rose above 8,000 before falling 49.28 points, or 0.62 per cent, to 7,922.89.
The broader Topix index of all first-section issues also dropped 0.9 points, or 0.12 per cent, to 763.77.
After belling the day on a strong note at 8,956.30, up 92.48 points, the Sensex keep on extending its gains on the back of steady buying in metal, banking and realty stocks.
Buying interest has emerged across the board with realty, metal and banking stocks leading the gains.
BSE Midcap and Smallcap index gained 2.63% and 2.16% respectively.