Worried about falling market, weakening rupee? Here's what you can do

All you need to know what to do with your investments and spends in a falling market and weak rupee scenario

For a small investor, there is bad news all around. In a stock market bloodbath on Monday, benchmark Sensex crashed by 1,625 points - biggest in over seven years - amid a global rout. The Nifty closed at 7,809 and Sensex at 25,741.56. Both were down by six per cent.

The rupee has been on a free fall, too. It was down by 59 paise to 66.42 in late morning deals on continued dollar demand. It touched a fresh two-year low in early trade following a sharp sell-off in global markets on worries over weakness in the Chinese economy.

MARKETS AND YOU

Most market experts say that the falling market can also be a good opportunity to invest for those with a long term horizon. Sahil Kapoor, Chief Market Strategist, Edelweiss Financial Services says, “Volatility is here to stay but it will create an opportunity for the patient participant looking to benefit from the long term Indian growth. Therefore it is prudent to let this period of volatility subside and use a less volatile period to build positions.”

1) If you participate in markets by investing in mutual funds, click here to know the right strategy.

2) Need funds that change their investment style depending on the market movements? Check these out.

3) Does it really work in Indian context if investors use Warren Buffett’s principles of investing - buy, hold, and forget? Find out here. 

RUPEE AND YOU

4) If you are travelling abroad or your child is studying overseas, you will need to make adjustments to take the impact. Here’s what you can do

5) The weakening rupee against dollar also means that mutual funds investing overseas would give better returns. Should you invest in them? Click here to find out.