Now Reading: Nifty falls 2% as select stocks double, US returns gain rupee boost
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Nifty falls 2% as select stocks double, US returns gain rupee boost
Nifty falls 2% as select stocks double, US returns gain rupee boost
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…
The Story in Brief
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.
The Indian Opinion
The easy story is that a weak Nifty means Indian equities are finished, or that doubling stocks prove a broad recovery. Neither holds. The index hides a wide gap between winners and losers, while US returns also depend on currency and taxes, not just share prices. Investors should judge any larger equity allocation by earnings delivery, foreign flows and crude prices. The Nifty’s March 2027 outcome will depend less on forecasts than on whether profit growth reaches roughly 12%.
Sources (3): businesstoday.in, livemint.com, livemint.com (2)
This story was synthesised by AI from the 3 sources linked above.
Updated: this story now draws on 3 sources.
