ValueQuest sees India’s AI investment opportunities beyond Nifty 50
INDA•ValueQuest says India’s AI investment opportunities extend beyond the Nifty 50, noting that 46.3% of listed free float sits outside the index. Foreign investors have withdrawn more than $32 billion from Indian equities since early 2026.
1. Opportunities beyond the index
ValueQuest says Indian suppliers have multiyear orders from global hyperscalers, turbine manufacturers and semiconductor equipment makers, while AI adoption and infrastructure investment create opportunities beyond the Nifty 50. Three sectors account for 54.4% of the index, which covers 53.7% of listed free float. Foreign investors have withdrawn more than $32 billion from Indian equities since early 2026 and more than $60 billion since September 2024. ValueQuest says returns depend on selecting companies with durable pricing power and margins at appropriate valuations.
