In Samvat 2077, how will bazaar perform - what do numbers say? Astro numerologist Sanjay Jumani in chat with Anil Singhvi
Jumani said that he had been recommending buy on gold since Rs 30000 levels, even last year when gold was at Rs 40000, he had recommended a buy. He said he expected economy to worsen due to Rahu in the 4th year. It is known that when economic conditions worsen, there is defensive buying happening in gold as it is considered a safe haven for investors.
In Samvat 2077, most investors have one question on their mind - will things work in their favour. How will the markets perform? Will fortune favour them? Zee Business Managing Editor Anil Singhvi speaks to Astro numeroligist Sanjay Jumani to know what the numbers say. Jumani said that he had been recommending buy on gold since Rs 30000 levels, even last year when gold was at Rs 40000, he had recommended a buy. He said he expected economy to worsen due to Rahu in the 4th year. It is known that when economic conditions worsen, there is defensive buying happening in gold as it is considered a safe haven for investors.
If the economy is strong than one may not see strong move in gold as other asset classes offer better returns to the investors. Sanjay said he is not as optimistic on gold as he was 3 years ago. Gold prices are not going to fall sharply but it may see strong upside as well going forward.
Silver and steel are two industries that will do well going forward. Investors should invest in this theme to get good returns. Markets will remain volatile for the next 1 year with a positive bias, he added.
Teaching and Training is the other theme that will remain in focus next year. Sanjay said he is expecting a corona vaccine to be developed in initial months of 2021.
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Global economy will recover in 2021 and 2022 will be even better, especially for India, he added.
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