Are U.S. Equities in a sweet spot?

Does an appreciated INR make it sweeter for Indian Investors? Indian investors are attracted to the US markets because of the presence of well-known companies with popular products. However, the dilemma is whether these companies present the right investment opportunity, especially, currently? Or does the US market as a whole present an investment opportunity? What about companies which are lesser known in India? Maybe those present a better opportunity? "One