Increase SIPs if markets fall

Though boring, these instruments work well if there is a broad bear market

The Budget was very poorly received by the stock market, which was focussed on hopes of a significant cut in income tax, and the removal of long-term capital gains tax. The latter didn’t happen and it’s not clear how much the new “no exemptions” income tax scheme offers in the way of relief to the middle-class. Another disappointment was the lack of tax breaks for insurance. 

Moreover, more non-resident Indians (NRIs) could fall into the tax net with the norms being changed. The removal of double taxation of Dividends will help corporates. But the market was also hoping that investors receiving