What do you think will be the closing of the Sensex on the last trading day of 2012?

I have voted, but honestly I don't have the slightest idea where the Sensex will be 12 months from now. .

In my opinion, everything depends on outcome of the Eurozone crisis and that itself is so unpredictable.

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What I feel is that first 6 months will be tumultuous, with last leg of Euro crisis, coupled with recession in Europe and increasing fiscal deficit in India. The rupee may crash to 58-60 levels too as FCCB burden and India's foreign debt maturity unfolds.

The effects of the rate cuts will be visible with a lag. With interest cycle coming down things may began to pick up from Jul-Aug and we may end the year with a marginal gain of 10-15% (16,500 - 18,000) on the Sensex.

Just a Guess Only people seems to be forgotten European crisis for now, and thinking about interest rate downward cycle beginning.