Women s Day Special: How to inflation-proof your investments?
Ahead of savings and investments, it is crucial for women to cover against any health risks. Unforeseen medical expenses may eat upon your investments and pull down your goals for which you have been saving for long
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Women are known to be avid money savers. According to a survey by Scripbox, nearly 60 per cent women save more than 20 per cent of their income every month, of whom 16 per cent save a whopping over 50 per cent of their monthly income. However, most women continue to be less risk tolerant with 56 per cent preferring fixed income products such as bank fixed deposits (FDs), PPF, LIC policies and other tax saving schemes. It is a great regret if women who try hard to save a penny extra every month, cannot put their savings to earn inflation beating returns.
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Domestic equities looked set for a weak start on Friday. Nifty futures traded with mild cuts on the Singapore Exchange, even as most of other Asian markets either slipped or held steady.
Here is breaking down the trade setup.
STATE OF THE MARKETS
Nifty futures signal weakness
Nifty futures on the Singapore Exchange traded 19 points lower at 7 am (IST) in signs of a possible trend reversal
Asian markets mixed
In early trading on Friday global markets were holding steady or slipping a bit as investors looked over mixed data and watched for the next catalyst. Stocks traded with little fanfare as holidays across Asia curbed trading. Early gains fizzled for shares in Japan and Australian stocks slipped. Markets in Greater China and most of Southeast Asia are closed on Friday for the Lunar New Year holiday.