India's stock market has shown a significant uptrend, rising another 0.7% to a total of 3.1% over the last month. This performance has led some investment communities to prefer staying long on Indian stocks compared to widely held US technology stocks, such as those in the $XLK index. Notably, indices like $INDA and $SMIN have been outperforming in the long-term, reflecting strong bullish sentiment towards Indian equities. A recent 'CHART OF THE DAY' highlighted this outperformance.