Nifty to trounce S&P 500 in 2026 comeback, predicts BofA's Amish Shah but 4 major threats loom

BofA predicts Nifty will trounce the S&P 500 in 2026 with an 11-12% surge, reversing a tough 2025. This optimism is fueled by improving earnings visibility and expected foreign investor inflows. However, currency fluctuations, crude oil prices, a delayed India-US trade deal, and a potential US AI bubble pose significant risks.