It has been a rough year at home. The Nifty 50 is down a little over 12% so far in 2026. But Indians with a US stock allocation have had a very different year. The S&P 500, the leading barometer of US stocks, is up 12%. The tech-heavy Nasdaq-100 has gained 18%. So diversification has come to the rescue. Here’s the latest on both markets. On Thursday, Nifty 50 is trading higher by nearly 1.5%, with strong HCL Tech earnings lifting information technology stocks and investor sentiment. IT stocks outperformed the broader market, extending their recent rally on earnings-driven optimism.