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Why did Indian equities underperform global markets in 2025?

Indian stock markets ended 2025 with modest single-digit gains, significantly trailing global peers like Korea and Brazil. While public sector banks and metals shone with impressive returns, consumer and technology stocks faced considerable selling pressure. This performance highlights a divergence in market trends, with specific sectors outperforming others.

Source: Why did Indian equities underperform global markets in 2025?

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