India’s Markets Vs US Markets: Samir Arora Compares Nifty Vs S&P 500, Reveals Which Index Gave The Most practical doubtless Returns Since 1998 | Image:
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In current discussions about market performance, Samir Arora, founding father of Helios Capital has drawn attention to the lengthy-time duration returns of India’s Nifty index in contrast to the US’s S&P 500. Amid ongoing debates over valuation requirements and market corrections, Arora’s prognosis reveals how these two indices enjoy performed since 1998.
Benchmarks cherish the Nifty 50 and BSE Sensex attend as obligatory indicators of India’s stock market neatly being, monitoring the performance of top corporations across sectors.
Samir Arora Highlights Superior Returns from Indian Indices
Samir Arora, founder and fund supervisor of Singapore-primarily based Helios Capital, these days sparked dialogue on social media X. In a acknowledge to Anurag Singh, Managing Partner at Ansid Capital, Arora introduced records showing how Indian markets enjoy outperformed over practically three decades when adjusted for US dollars.
Nifty 50 Outpaces S&P 500 in USD Terms Since 1998
In accordance to Arora’s prognosis, the Nifty 50’s total returns, including dividends, from December 31, 1998, to the present stand at 1922.38% in US buck phrases, translating to a compound annual deliver payment (CAGR) of 11.78% over about 27 years.
In incompatibility, the S&P 500 delivered 821.05% returns, or 8.57% CAGR, throughout the identical duration. Arora emphasised that these figures myth for the Indian rupee’s depreciation, underscoring the resilience of Indian equities.
Why NSE 500 Affords a Fairer Comparison to S&P 500
Arora argued that equating the Nifty 50 without lengthen with the S&P 500 is no longer going to be splendid, suggesting the broader NSE 500 index as the next match. The NSE 500, which covers a grand broader fluctuate of corporations, has generated 2590.1% returns in US dollars, equating to 12.96% CAGR throughout the last 27 years.
Gold’s Performance Trails Indian Stocks however Beats S&P 500
Commodities corresponding to gold generally act as stable-haven property, especially in India the place cultural and economic components pressure high ownership. Arora primary that gold returned 1472.66%, or 10.74% each and every year, in US dollars over the identical timeframe, stronger than the S&P 500 however below each and every the Nifty 50 and NSE 500.
This came in line with Singh’s post, which claimed gold outperformed Nifty indices since 1994, with a CAGR of 8.6% versus Nifty 50’s 7.8% in USD phrases.
Affect of Rupee Depreciation
The rupee has weakened by spherical 5.2% 365 days-to-date as of December 19, 2025, making it the weakest critical Asian currency this 365 days. It these days crossed 90 per US buck.
December’s each day trading volume for Nifty 50 shares fell to 250 million shares from 300 million in November. International portfolio traders sold shares payment 3.18 billion rupees ($35.43 million) on Friday, persevering with outflows amid world uncertainties.
