News business markets Indian Stocks Outperform Global Markets In October As Investors Rotate Away From AI Stocks: Goldman Sachs
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India’s benchmark Nifty outperforms MSCI Asia-Pacific ex-Japan (MXAPJ) index by 7 percentage points in October, reversing its underperformance during the first nine months of 2026.
The market recovery followed a 10% peak-to-trough decline in the Nifty during the third quarter.
Indian equities emerged among the best-performing stock markets globally in October, outperforming the broader Asia-Pacific region as investors shifted away from AI-sensitive North Asian markets and towards other sectors, according to Goldman Sachs Research. The rotation was also reflected in the…
