Global Markets on TopFund: USD/INR, Crude Oil, Indian ADRs, S&P 500 & Nasdaq Returns

If you've ever wondered why the Nifty gaps up or down at the opening bell, or whether your SIP in an international mutual fund is actually beating the S&P 500, the answer usually lies outside India — in overnight US markets, currency moves, and crude oil prices. We've just added five new tools to TopFund to help you track exactly that, all free and updated live.

1. Dollar to Rupee (USD/INR) & Major Currencies

The Forex page tracks live USD/INR alongside EUR, GBP, JPY, CNY, AED, SGD, AUD and CAD to INR, plus the US Dollar Index (DXY) — the basket rate that measures dollar strength against major global currencies. Rates refresh every 30 minutes.

Why it matters: a weakening rupee raises import costs and inflation, but benefits IT and export-oriented companies. If you're invested in a US-focused mutual fund or ETF, currency movement directly affects your INR returns on top of the fund's own performance.

2. Crude Oil Prices — Brent & WTI

The Crude Oil page shows live Brent Crude, WTI Crude, and Natural Gas prices in USD. India imports over 85% of its crude oil needs, so this single number ripples through the rupee, the trade deficit, domestic fuel prices, and inflation — all of which move markets.

3. Indian ADR Tracker — A Leading Indicator for Nifty's Opening

This is the most unique addition. The ADR Tracker compares the US-listed ADR price of Infosys, Wipro, ICICI Bank, HDFC Bank, and Dr Reddy's against their NSE domestic price (converted via the live USD/INR rate and each stock's fixed ADR ratio) to compute a premium or discount.

Since these ADRs trade during US market hours — after Indian markets have closed for the day — a broad positive premium across them is a widely-watched signal that Nifty IT and banking stocks may open firmer the next morning, and vice versa for a discount. We also track Genpact, MakeMyTrip, and Sify Technologies separately, since they're Indian-origin companies listed directly on US exchanges without an NSE counterpart, so no premium calculation applies to them.

Fine print: ADR ratios are fixed structural facts (e.g. 1 HDFC Bank ADS = 3 domestic shares), verified against each company's SEC deposit agreement filings — not something that changes day to day.

4. S&P 500 & Nasdaq Historical Returns

We already had 25 years of Nifty 50 calendar returns, rolling CAGR, and a SIP calculator. Now the same tools exist for the S&P 500 and Nasdaq Composite — useful if you invest in international fund-of-funds like Motilal Oswal Nasdaq 100 FoF or Motilal Oswal S&P 500 Index Fund, or are considering direct US investing via the RBI's Liberalised Remittance Scheme (LRS).

Every year-end closing value was individually verified against Yahoo Finance's daily close data for December 31 of each year (1999–2025) — not interpolated from monthly averages, which we found could be off by as much as 20% for some crisis years like 2008.

Where to find these

All five pages live under Global Markets and Index Returns in the navigation menu, alongside our existing Global Indices page (Dow Jones, Nikkei, FTSE, DAX, Hang Seng and more).