JSE:SCI 15 June 2026

July 5, 2026, 4:38 AM EDT. Global markets have been choppy on the back of the AI rally, and investors have started looking at India as a safe haven. The NSE Nifty 50 Index is showing lower volatility than the S&P 500 and other emerging market peers, so it's becoming more popular for portfolio diversification. While Indian stocks haven't participated much in the AI trade, the country has a stable rupee, cheaper commodities, and a better economic outlook. Foreign outflows have slowed, and in June, the Nifty 50 outperformed other emerging market benchmarks. Morgan Stanley and Arkevium Capital analysts say India is holding up as a defensive growth market with steady inflation and solid earnings forecasts. That gives India some insulation from global swings tied to AI stocks.