Dec 30, 2011, 03.37 PM IST
While the Street enters 2012 with apprehensions written all over, astrologist Bejan Daruwalla underplays worries and predicts a 'happy' new year, but only post September 2012. In an interview to CNBC-TV18, Daruwalla said that the pain and gloom in the market will continue to stay but only until June 2012.
Agreeing that the Indian market is on a treacherous wicket, he however foresees that the best is set to come in 2012.
"Jupiter being the planet for money moves rather slowly. However, by September 2012 the worst will be over for the market," he predicts. also forecasts that entertainment, minerals, chemicals, colours and pharma sectors are set to outdo others in 2012.
Talking about the world economy treading turbulent times, he sees March 2013 as the time when both Indian and the global economy is set to be on a winning wicket.
Watch the accompanying video for more from Bejan Daruwalla on 2012 market predictions
Nifty trend remains up; minor dip in prices is opportunity to buy. Within the up move, there will be choppy conditions
A minor correction in prices saw the Nifty move down, just on the eve of the publication of exit polls on elections to five state assemblies. Markets are in an up trend. We follow the up move while it lasts.
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