# Nifty falls 2% as select stocks double, US returns gain rupee boost 2026-08-13T20:29:15+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 2 independent outlets The Nifty 50 has fallen 2% since last Independence Day, while the Nifty 500 has gained 3%, according to Mint. Fifteen Nifty 500 stocks at least doubled, led by Ather Energy, Aditya Infotech and HFCL, which rose more than 200%. Foreign outflows, weak earnings, geopolitical risks, tariff uncertainty and crude prices weighed on the benchmark. Mint reports that foreign investors withdrew nearly $19.7 billion from Indian equities in FY26, though domestic SIP and institutional flows cushioned the decline. Business Today reports that US investments can receive an additional rupee return when the dollar strengthens, but currency losses can work the other way. Indian investors must also account for foreign-asset reporting, dividend withholding and different capital-gains rules. Analysts cited by Mint see the Nifty nearing 27,000 by March 2027 if earnings improve, but warn of sharp downside risks. ## Coverage - businesstoday.in - livemint.com - livemint.com Tags: capital gains tax, foreign assets reporting, LRS, Nifty, rupee-dollar, US stocks Canonical: https://indianopinion.org/rupee-weakness-can-boost-us-stock-returns-but-adds-tax-complexity/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/rupee-weakness-can-boost-us-stock-returns-but-adds-tax-complexity/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.