Personal investments: What direction one gets from the budget 2012?

In the area of MFs, the welcoming of foreign investors may do well for capital markets. This may bring in a long drawn conclusion of 'feel good' for the sector.

The DTC target has moved to April 2012 making an year of breather for ELSSs.

The 30,000 for infrastructure bonds also may give an indirect pull to the infrastructural MF schemes as the portfolio component companies get fresh additional funds from individual investors.

Senior Citizens can plan better about their retirement planning due to increased tax brackets.

The study conducted by Ambit Capital shows that india is at the late stage of a bull run which apprx lasted for 2 years. In the last 6 months to 1 year, consumer discretionary financials and technology sectors doing well;

According to them, next phase will benefit the capital goods and commodities(energy and metals)

If you believe in Capital Rotation Theory, go for it.