In 2025, global markets saw significant gains in equities and precious metals, driven by easing financial conditions and strong earnings. Overseas markets like South Korea (up 75%), Brazil (up 34%), and Japan (up 26%) significantly outperformed Indian benchmarks. The Nifty 50 and Sensex saw single-digit returns, lagging behind major global markets due to domestic headwinds and valuation concerns, despite stable macro fundamentals.