NYSE:MAGN 20 November 2025

July 5, 2026, 6:59 AM EDT. With the AI rally slowing, investors are shifting attention to India's stock market. The Nifty 50 is in focus as a defensive market, helped by stable earnings, stronger macro trends, and volatility that's lower than in other Asian or US markets. India's smaller stake in AI stocks is now seen by some as an AI hedge while AI-heavy markets like South Korea and Taiwan face stretched valuations. The Nifty 50 outpaced the MSCI Emerging Markets Index in June on better investor sentiment, softer commodity prices, a steadier rupee, and stronger foreign flows. Some market watchers are calling India a more resilient macro play, citing stable inflation and solid earnings outlook.