US ETFs to buy: Indian investors looking to diversify beyond domestic equities may consider adding exposure to US markets, particularly as currency fluctuations and geopolitical uncertainty continue to influence investment returns. In its Samvat 2083 investment strategy, Samco Wealth has recommended two US-listed exchange-traded funds (ETFs) as long-term portfolio hedges: the Energy Select Sector SPDR Fund (XLE) and the Health Care Select Sector SPDR Fund (XLV).
The recommendations target two risks that affected Indian investors during the previous Samvat — rising crude oil prices and a weakening rupee. Samco has assigned potential upside of 47% to XLE and 60% to XLV, with a suggested holding period of at least two years.
Benchmark indices Sensex and Nifty closed in positive territory on Monday, the first day of Samvat 2083, supported by easing crude oil prices and buying interest in heavyweight banking and financial stocks.
The 30-share BSE Sensex advanced 107.25 points, or 0.13%, to finish at 81,106.65. During the session, the index gained as much as 340.01 points, or 0.41%, to touch an intraday high of 81,339.41. Similarly, the NSE Nifty 50 climbed 58.25 points, or 0.23%, to settle at 25,044.65.
Samvat 2082 was a difficult year for Indian equities, with the Nifty falling 10.9% from 25,868.60 on Muhurat Trading in 2025 to 23,053.10 on October 30, 2026. The Sensex declined 11.8% over the same period. Meanwhile, global assets delivered stronger returns. The S&P 500 gained 12.5% in dollar terms and 21.9% in rupee terms, while Brent crude surged 91.8% and the rupee depreciated 8.3%.