Adani Enterp. 2496.45↓-37.60(-1.48%)
Adani Ports 734.05↓-3.45(-0.47%)
Apollo Hospitals 4599.15↓-41.30(-0.89%)
Asian Paints 3144.40↑7.00(0.22%)
Axis Bank 937.45↑7.65(0.82%)
B P C L 360.40↓-1.30(-0.36%)
Bajaj Auto 4591.90↓-26.60(-0.58%)
Bajaj Finance 7005.80↑73.75(1.06%)
Bajaj Finserv 1465.85↑16.30(1.12%)
Bharti Airtel 818.45↓-2.80(-0.34%)
Britannia Inds. 4573.25↓-2.00(-0.04%)
Cipla 959.85↑3.60(0.38%)
Coal India 244.30↓-1.80(-0.73%)
Divi's Lab. 3458.00↓-19.85(-0.57%)
Dr Reddy's Labs 4518.90↓-37.35(-0.82%)
Eicher Motors 3678.35↓-33.10(-0.89%)
Grasim Inds 1725.15↑11.85(0.69%)
H D F C 2693.35↑2.80(0.10%)
HCL Technologies 1135.85↑9.65(0.86%)
HDFC Bank 1636.75↑1.25(0.08%)
HDFC Life Insur. 585.15↑6.10(1.05%)
Hero Motocorp 2779.15↑2.25(0.08%)
Hind. Unilever 2656.55↑6.25(0.24%)
Hindalco Inds. 413.10↓-6.80(-1.62%)
ICICI Bank 949.95↑1.80(0.19%)
IndusInd Bank 1293.25↑8.30(0.65%)
Infosys 1323.85↑9.45(0.72%)
ITC 449.90↑0.80(0.18%)
JSW Steel 704.60↑2.40(0.34%)
Kotak Mah. Bank 1974.70↑21.50(1.10%)
Larsen & Toubro 2210.80↓-13.75(-0.62%)
M & M 1328.45↓-1.70(-0.13%)
Maruti Suzuki 9383.35↑49.85(0.53%)
Nestle India 21574.45↓-155.00(-0.71%)
NTPC 176.80↑0.50(0.28%)
O N G C 158.85↓-0.15(-0.09%)
Power Grid Corpn 235.10↑0.60(0.26%)
Reliance Industr 2519.95↓-0.65(-0.03%)
SBI Life Insuran 1215.90↓-2.20(-0.18%)
St Bk of India 592.80↓-2.20(-0.37%)
Sun Pharma.Inds. 959.60↓-8.85(-0.91%)
Tata Consumer 790.90↓-3.35(-0.42%)
Tata Motors 518.80↓-2.65(-0.51%)
Tata Steel 107.05↓-1.40(-1.29%)
TCS 3316.20↓-4.15(-0.12%)
Tech Mahindra 1098.40↓-15.65(-1.40%)
Titan Company 2802.50↓-9.75(-0.35%)
UltraTech Cem. 7901.95↑61.40(0.78%)
UPL 689.05↓-0.95(-0.14%)
Wipro 402.50↑2.70(0.68%)

Avoid excess exposure to risky assets in times of high market volatility

Build emergency corpus, buy adequate life and health insurance, and don't take on too much debt

Premium

4 min read Last Updated : Mar 23 2023 | 10:34 PM IST

The global economy is currently facing uncertain times, amid bank collapses and job cuts at major US-headquartered corporations. India’s chief economic advisor, V Anantha Nageswaran, recently emphasised the need for corporations, households and investors to maintain a margin of safety in these volatile times.

While India’s domestic economy is in reasonably good shape, its financial market can’t remain immune to global volatility. Amid the prevailing risk-off sentiment, global capital is likely to move away from equities and into safe-haven assets such as treasuries and gold. Investors need to be cautious with their personal finances and investments in such times.

Develop adequate emergency corpus

Everyone, regardless of age, must create an emergency corpus. “Set aside around six months’ monthly expenses for emergencies. Keep this money in safe and liquid options,