Despite facing headwinds like foreign fund outflows, tariff uncertainties, and a weakening rupee, Indian stock markets delivered significant gains in 2025. The BSE Sensex surged over 8%, adding Rs 30.20 lakh crore to the market capitalization of listed firms. Analysts attribute this resilience to strong domestic investor support and macroeconomic stability, including robust GDP growth, even as valuations remained elevated and corporate earnings showed muted growth.