India's stock market lagged others in 2026 data. The listed returns for Kuwait, Vietnam, Pakistan, Taiwan, South Korea and others are wrong, and no global crisis matches the reel.
Why we say that›
India's -3.7% return is real. What doesn't hold: most country figures here are false or outdated.
India's negative 1-year return holds in recent data. The specific percentages shown for almost every other country do not match current tradingeconomics reports for the same period. The reel implies a unique failure under Modi during a clear global crisis. Sources show the graphic is cherry-picked or old and no consensus 2008-style crisis exists in 2026.
Based on only a few sources, so read this as a first look, not the last word.
India's negative return is real. The exact foreign returns, the claim India is the only negative one, and the existence of a matching global crisis are not supported. The numbers and crisis framing do not establish unique failure.
The graphic does not specify exact dates, benchmark indices used, or currency of returns.
Reported 11 Aug 2026
Claims
3 false · 1 exaggerated · 7 unchecked
- False
Kuwait's major market 1-year return was +9.4% during a global crisis
What's actually true
Kuwait All Share is up about 2.6% year-over-year, not +9.4%.
- False
Pakistan's major market 1-year return was +59% during a global crisis
What's actually true
Current figures and forecasts do not match +59%. The graphic uses outdated numbers.
- False
India was the only major market with a negative 1-year return while every other listed country was positive
What's actually true
The graphic is misleading. Listed figures for many countries do not match current data and several are outdated.
- True, but exaggerated
India's major market 1-year return was -3.7% during a global crisis
What's actually true
India's underperformance is real per the reel and social commentary.
- Couldn't check
China's major market 1-year return was +14.9% during a global crisis
What's actually true
We couldn't verify this claim with a reliable source. No source reports +14.9% for the period.
- Couldn't check
USA's major market 1-year return was +22.0% during a global crisis
What's actually true
We couldn't verify this claim with a reliable source. No source reports +22.0% matching the crisis window.
- Couldn't check
Brazil's major market 1-year return was +27% during a global crisis
What's actually true
We couldn't verify this claim with a reliable source. No source reports +27%.
- Couldn't check
Vietnam's major market 1-year return was +51% during a global crisis
What's actually true
VN Index is about +11.6% year-over-year, not +51%.
- Couldn't check
Japan's major market 1-year return was +30% during a global crisis
What's actually true
We couldn't verify this claim with a reliable source. No source reports +30%.
- Couldn't check
Taiwan's major market 1-year return was +99% during a global crisis
What's actually true
Recent index levels do not support a +99% 1-year return.
- Couldn't check
South Korea's major market 1-year return was +190% during a global crisis
What's actually true
Current KOSPI levels do not support +190%. The graphic uses outdated or wrong figures.
The full story, from the sources›
/ https://www.threads.com/@delhi.insight/video/Db2O581E3Wm / https://www.instagram.com/p/Db2H6f8B66Z/ | "Major Market 1-Year Returns in mid of Global crisis India : -4.9% ... Pakistan ... +59%" (near-identical viral graphic, slight variants like -4.9% or -3.7%; comments note misleading due to unspecified dates/benchmarks/currency, non-current figures for SK/Pakistan; no reputable analysis supports "only negative" or "proves worst under Modi/Vishwaguru during an established global crisis—2026 features bearish forecasts and volatility but no consensus 2008-style crisis). - X (formerly Twitter) (2026-05-13) South Korea Stock Market - Stats South Korea's main stock market index, the KOSPI, rose to 6375 points on August 11, 2026, gaining 1.20% from the previous session. - tradingeconomics.com (2026-07-22) is up 2.59% compared to the same time last year (Kuwait All Share ~+2.6%, not +9.4%). - tradingeconomics.com (2026-08) remains 11.57% higher than a year ago (VN Index ~+11.6%, not +51%). - tradingeconomics.com (2026-08) Pakistan Stock Market (KSE100) - Forecast The Pakistan Stock Market (KSE100) is expected to trade at 176536.65 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. - tradingeconomics.com (2026-08)
From reporting
What else it leaves out (3)›
- No established 2008-style global crisis exists in mid-2026. Markets show volatility and bearish forecasts instead.
- Many other major markets (European indices, Russia, global benchmarks) are omitted and some also negative.
- The same graphic with near-identical numbers has circulated before with the same criticism of cherry-picking.
How it's framed (4)›
Sources (7)›
is up 2.59% compared to the same time last year (Kuwait All Share ~+2.6%, not +9.4%).
remains 11.57% higher than a year ago (VN Index ~+11.6%, not +51%).
Pakistan Stock Market (KSE100) - Forecast The Pakistan Stock Market (KSE100) is expected to trade at 176536.65 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.
Taiwan Stock Market Index (TWSE) - Stats Taiwan's main stock market index, the TSI, rose to 45070 points on August 11, 2026, gaining 0.32% from the previous session.
South Korea Stock Market - Stats South Korea's main stock market index, the KOSPI, rose to 6375 points on August 11, 2026, gaining 1.20% from the previous session.
(reel itself noted in search) / https://www.threads.com/@delhi.insight/video/Db2O581E3Wm | "India's underperformance is real, but this graphic is misleading. It doesn't specify the date, benchmark index, currency... Several figures, especially South Korea +190% and Pakistan +59%, don't represent the current 1-year performance; identical graphic/claim appears in multiple social posts (exact numbers cherry-picked or outdated).
/ https://www.threads.com/@delhi.insight/video/Db2O581E3Wm / https://www.instagram.com/p/Db2H6f8B66Z/ | "Major Market 1-Year Returns in mid of Global crisis India : -4.9% ... Pakistan ... +59%" (near-identical viral graphic, slight variants like -4.9% or -3.7%; comments note misleading due to unspecified dates/benchmarks/currency, non-current figures for SK/Pakistan; no reputable analysis supports "only negative" or "proves worst under Modi/Vishwaguru during an established global crisis—2026 features bearish forecasts and volatility but no consensus 2008-style crisis).
About this account›
- The New India account often posts critical or sarcastic content about current Indian government performance.
Notes on this check (2)›
- No speech transcript - analysis rests on caption, on-screen text, and frames.
- Dropped contradiction citations for "Vietnam's major market 1-year return was +51% during a gl…" because the cited passages do not address the claim directly.
Checked against 6 sources · 11 Aug 2026
Help us improve
Was this analysis useful?
One tap helps us find what Blindspot should improve next.
