Nifty 500 Beats Nasdaq, Nikkei, Kospi Since June; Here's The Global Scorecard
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓India's Nifty 500 index outperformed major global markets since June 18, gaining 2.81% in dollar terms.
- ✓While the Nasdaq fell 4.6% and the Kospi dropped 36.1%, Indian stocks showed strength.
- ✓The Nifty 500 also rose 7.6% in rupee terms between October 30 and November 9, supported by healthy corporate earnings.
Story at a Glance
- Category
- Indian Markets
- Reported By
- NDTV Profit
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
India's equity market has outperformed several major global peers in dollar terms since June 18, with the Nifty 500 index gaining 2.81% even as South Korea's Kospi plunged 36.1%, according to Sameer Arora of Helios Capital.
In a post on X, Arora shared a comparison of global market returns in US dollar terms. The Nifty 500 was ahead of the S&P 500, which gained 1.03%, while the Nasdaq Composite declined 4.6%. Japan's Nikkei 225 fell 14.87%, Taiwan's TWSE dropped 12.8%, and the MSCI Emerging Markets index lost 13.96%. The broader Asia ex-Japan index declined 15.1%.
The Kospi was the worst performer among the indices in the comparison, falling 36.1%.
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