The best S&P500 stocks in India can provide exposure to leading US companies. However, popularity and recent price gains do not guarantee good returns. Valuations, earnings growth, and currency movements can affect investor outcomes.
This guide compares five tokens linked to US Stock assets: NVIDIA, Microsoft, Meta, Alphabet, and SanDisk. It examines their growth drivers, financial performance, and risks, including how tokenised stock products differ from owning conventional shares. These are US-listed companies that Indian investors can consider for exposure to the US market.
The right stock depends on your investment goals, risk tolerance, and the price you pay. The five companies below offer different ways to assess technology-related growth, but they are not ranked from best to worst. Compare their fundamentals and valuations before deciding which merits further research. Revenue growth and profit margins can help assess business performance, while valuation metrics such as the P/E ratio indicate how much investors are paying for those earnings.

Tokenised stocks on Mudrex track the share price but may not give direct ownership of the underlying shares.
NVIDIA develops GPUs, networking products, and computing platforms used in AI and data centres. Growing investment in AI infrastructure supports demand for its products.
What do NVIDIA’s latest financial results show?
In Q2 fiscal 2027, NVIDIA reported revenue of $96.2 billion, up 106% year over year. Data centre revenue rose 117% to $89.0 billion. Net income reached $59.7 billion, with diluted EPS of $2.46.
What should investors compare before buying NVIDIA stock?
Track data centre growth, margins, EPS, and valuation. NVIDIA faces risks from competition, export restrictions, supply-chain pressures, and potential slowdowns in AI spending. Strong growth does not guarantee attractive returns at every price. Investors should also assess whether future earnings growth can justify the price they pay for the stock.
| Metric | Reported result |
|---|---|
| Revenue | $96.2 billion |
| Revenue growth (YoY) | 106% |
| Data centre revenue | $89.0 billion |
| Data centre revenue growth (YoY) | 117% |
| Net income (GAAP) | $59.7 billion |
| Diluted EPS (GAAP) | $2.46 |
| Gross margin (GAAP) | 75.0% |
Source: NVIDIA Q2 FY2027 results, released August 26, 2026
Microsoft generates revenue from cloud computing, enterprise software, and AI through businesses such as Azure and Microsoft 365.
What do Microsoft’s latest financial results show?
In Q4 fiscal 2026, revenue reached $90.0 billion, up 18% year over year. Microsoft Cloud revenue rose 27% to $59.3 billion, while Azure and other cloud services grew 43%. GAAP net income was $35.8 billion and diluted EPS was $4.81. Non-GAAP diluted EPS was $4.74; Microsoft’s non-GAAP calculation excludes the impact of its OpenAI investments.
What should investors compare before buying Microsoft stock?
Monitor Azure growth, cloud revenue, margins, EPS, and valuation. Competition, infrastructure costs, and uncertain returns on AI investment remain key risks.
| Metric | Reported result |
|---|---|
| Revenue | $90.0 billion |
| Revenue growth (YoY) | 18% |
| Microsoft Cloud revenue | $59.3 billion |
| Microsoft Cloud revenue growth (YoY) | 27% |
| Azure and other cloud services growth (YoY) | 43% |
| Net income (GAAP) | $35.8 billion |
| Diluted EPS (GAAP) | $4.81 |
| Diluted EPS (non-GAAP) | $4.74 |
Source: Microsoft Q4 FY2026 earnings release, July 29, 2026. Non-GAAP EPS excludes the impact of Microsoft’s OpenAI investments.
Meta operates Facebook, Instagram, WhatsApp, and Messenger. Digital advertising drives most of its revenue, while AI supports ad targeting and content recommendations.
What do Meta’s latest verified financial results show?
In Q3 2026, Meta reported revenue of $64.6 billion, up 26% year over year. Net income was $9.86 billion, while diluted EPS reached $3.83. The quarter included a $9.89 billion charge related to an agreement resolving litigation with US state attorneys general. Year-over-year net income comparisons also reflect an unusually high tax provision in Q3 2025, so reported earnings growth should be interpreted in context.
What should investors compare before buying Meta stock?
Track advertising growth, margins, free cash flow, and AI spending. Privacy regulation, legal challenges, competition, and rising infrastructure costs could affect profitability.
| Metric | Reported result |
|---|---|
| Revenue | $90.0 billion |
| Revenue growth (YoY) | 18% |
| Microsoft Cloud revenue | $59.3 billion |
| Microsoft Cloud revenue growth (YoY) | 27% |
| Azure and other cloud services growth (YoY) | 43% |
| Net income (GAAP) | $35.8 billion |
| Diluted EPS (GAAP) | $4.81 |
| Diluted EPS (non-GAAP) | $4.74 |
Source: Microsoft Q4 FY2026 earnings release, July 29, 2026. Non-GAAP EPS excludes the impact of Microsoft’s OpenAI investments.
Alphabet earns revenue from Google Search, YouTube, subscriptions, and Google Cloud. AI creates growth opportunities but also changes the competitive landscape for online search.
What do Alphabet’s latest financial results show?
In Q2 2026, revenue rose 24% to $119.8 billion. Google Services revenue increased 15% to $94.5 billion, while Google Search and other revenue grew 17%. Google Cloud revenue surged 82% to $24.8 billion. Operating margin reached 34%.
What should investors compare before buying Alphabet stock?
Monitor Search growth, Cloud profitability, margins, EPS, and valuation. AI competition, regulation, and infrastructure spending could affect future performance.
| Metric | Reported result |
|---|---|
| Revenue | $64.6 billion |
| Revenue growth (YoY) | 26% |
| Net income | $9.86 billion |
| Diluted EPS | $3.83 |
| One-off litigation charge | $9.89 billion |
Source: Meta Q3 2026 results as cited in the article. Net income includes a $9.89 billion charge to settle litigation with US state attorneys general; YoY comparisons are also affected by an unusually high tax provision in Q3 2025.
SanDisk develops flash memory and storage products for data centres and consumer devices. AI infrastructure demand may support growth, but memory-price cycles can make earnings volatile. Investors should assess whether recent earnings reflect sustainable demand or temporarily favourable pricing conditions.
What do SanDisk’s latest financial results show?
In Q4 fiscal 2026, revenue reached $8.97 billion, up 372% year over year and 51% sequentially. Net income was $6.90 billion, with diluted EPS of $43.97. However, the sharp increase partly reflects a low year-earlier revenue base, so investors should also assess whether current pricing and demand can be sustained.
What should investors compare before buying SanDisk stock?
Monitor NAND pricing, margins, data centre demand, and valuation. Weaker memory prices or rising competition could reverse recent gains.
| Metric | Reported result |
|---|---|
| Revenue | $8.97 billion |
| Revenue growth (YoY) | 372% |
| Revenue growth (sequential) | 51% |
| Gross margin | 84.6% |
| Operating income | $6.81 billion |
| Net income (GAAP) | $6.90 billion |
| Diluted EPS | $43.97 |
Source: SanDisk Q4 FY2026 earnings release, August 5, 2026. Growth partly reflects a low year-earlier revenue base.
Traditional stock investing offers ownership, while crypto futures and tokenised stocks provide different ways to access market movements. On Mudrex, traders can access crypto futures and selected tokenised US stocks through one platform.
These products involve risks. Tokenised stocks do not provide direct share ownership, while leverage can magnify losses and trigger liquidation. Understand each product before trading.

The best S&P 500 stocks in India depend on your investment goals, risk tolerance, and valuation expectations. NVIDIA, Microsoft, Meta, Alphabet, and SanDisk offer different growth opportunities, but each comes with its own risks. Compare revenue growth, profitability, and valuation before making a decision. If you are exploring crypto futures or tokenised stock-linked products, understand how they work and the risks involved before trading.
Explore the available trading options on Mudrex and decide whether they fit your strategy. Trade now.
For detailed video guides, check out the Mudrex YouTube channel.
Some S&P500 companies may suit long-term investment goals, depending on their fundamentals, valuations, and growth prospects. However, stock prices can fall, and past performance does not guarantee future returns.
Review revenue growth, net profit, earnings per share (EPS), price-to-earnings (P/E) ratio, return on equity (ROE), and debt-to-equity ratio. These metrics help you assess financial performance, profitability, valuation, and debt levels.
Compare a company’s business model, revenue growth, profitability, competitive position, and valuation. Consider its long-term prospects and risks rather than relying only on recent price gains.
NVIDIA, Microsoft, Meta Platforms, Alphabet, and SanDisk are five S&P 500 companies investors can research for their growth potential. The right choice depends on each company’s financial performance, valuation, and your risk tolerance.
Indian investors can explore US stock exposure through eligible investment routes and certain tokenised stock-linked products, subject to applicable rules and platform availability. Tokenised products may provide price exposure without granting direct ownership of the underlying shares, so investors should understand the product structure before trading.
Indian investors can explore US stock exposure through eligible investment routes and certain tokenised stock-linked products, subject to applicable rules and platform availability. Tokenised products may provide price exposure without granting direct ownership of the underlying shares, so investors should understand the product structure before trading.
Key risks include market volatility, high valuations, slower earnings growth, competition, and regulatory changes. Indian investors may also face currency fluctuations and additional risks depending on how they access US stock exposure.
Investing in stocks, cryptocurrencies, and tokenised stock-linked products involves risks, including the possible loss of your invested capital. Market volatility and currency fluctuations can affect returns for Indian investors. Crypto futures involve leverage, which can magnify both gains and losses and may lead to liquidation. Tokenised stock-linked products may not provide direct ownership of the underlying shares. This article is for informational purposes only and is not financial advice. Conduct your own research (DYOR) and consult a qualified financial adviser before making investment decisions.