Recent weeks have presented a clear picture of a weakening global stock market. The S&P 500 (CASH) has struggled to break above the 4,800 barrier for a month, indicating potential headwinds and a possible shift in stock market sentiment.

As with our earlier warnings regarding the Indian stock market, we advise investors to exercise caution and avoid getting trapped in long positions at currently elevated levels. While certain segments may present opportunities, a broader pullback cannot be ruled out.

Indian and US stock market may show recovery from lower levels of Thursday but until when???

Please note that Annual Letter 2024 will be available to you on Friday.

About Rajeev Prakash

Rajeev Prakash is the founder and CEO of AstroDunia. He is a financial astrologer with over 20 years of experience. Shashi Prakash Agarwal is an experienced market timing expert with 12 years of experience in the field. He holds an MBA in Finance from NMIMS Mumbai and an engineering degree in Computer Science. This unique combination of education and experience gives him a unique perspective on financial markets, as well as the ability to analyze market data using advanced computational tools and techniques. Throughout his career, he has demonstrated a deep understanding of financial markets, with a proven track record of success in his field.

Prakash is a leading expert on the use of astrology to predict market movements. He has written several books on the subject, and he is a frequent speaker at financial conferences. Prakash is also a regular contributor to financial publications