New Delhi, Oct. 15 -- Over the past 12 months, the Nifty 50 has risen by a muted 0.78%, weighed down by India's inflated valuations and uncertainty over US tariffs, which triggered sharp withdrawals from overseas investors.

The index's performance has been the weakest among Asian peers, many of which have hit multiple record highs and delivered double-digit returns.

Compared to US and European markets, the Nifty 50 has also underperformed, dragging India's share of the global market to a two-year low in September.

Over the last 12 months, the global market cap has increased 15.6% to $19.5 trillion, whereas India's market cap declined 10%, bringing its share of global market capitalisation down to 3.5%.

Though the Nifty 50 remained low...