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The first week of August 2022 turned out to be a favourable one for the Indian stock markets. Nifty gained approximately 1.75% this week but consolidated mainly below 17500 amid high volatility. Although cross-border tensions between several countries have contributed to higher volatility in the market, the Nifty and Sensex have remained mainly on the positive side.

With several other factors favouring this positivity in the upcoming days, we are expecting the market to continue its upward slide. Nifty is expected to consolidate its recovery till 17800 levels with commodities turning benign and Foreign Institutional Investors (FIIs) looking positive towards the Indian markets.

No Indian can ever forget the epic speech delivered by Pandit Jawaharlal Nehru from the Red Fort at midnight on 15th August 1947. After all, India had attained its freedom after almost 200 years of British rule. It was the grit of many freedom fighter that made it all possible.

If you are unsure of where you stand financially, here’s a quick quiz that will help you ascertain how financially independent you are. Choose the answers closest to your situation, and at the end of the quiz, we will tell you what your financial status is. In addition, we will share some tips and tricks for improving your financial health.