But as it turns out, Indian investors would have been better off investing in US stocks in the past decade. The S&P 500 has beaten India’s Nifty 500 index in the last 10 years after accounting for the depreciation in the rupee. But a key reason why the S&P 500 index outclasses the Indian market is the Indian currency’s depreciation. Having said all this, note that the Indian market has fared better over a three-year and a five-year period. Global market dynamics can also change, and factors such as geopolitical risks also tend to influence market returns.

Source: Mint April 01, 2019 20:48 UTC