Is Nasdaq better than Nifty?

While both Nifty and Nasdaq are home to the largest companies in their respective countries, we are making an unfair comparison. Here's why: As of June 14, 2023, the market capitalisation of all Nifty-50 companies was close to $1.8 trillion. By contrast, the two biggest companies on NASDAQ - Apple and Microsoft - have market capitalisation of $2.9 and $2.5 trillion each. Clearly, Nasdaq is in a league of its own. But what if you want to invest in either of them (a question that was originally asked by one of our readers who didn't mention their name)? Does the Nasdaq tower over Nifty here too? Different investment perspective Nasdaq and Nifty are worlds apart in t

This article was originally published on June 20, 2023.