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FY25 rear view: Equities disappoint, gold shines as standout performer

Gold emerged as a standout performer, surging 37.7 per cent to $3,070 per ounce

FY25 stock market performance, Nifty FY25 returns, Sensex FY25 performance, Nifty Midcap 100 gains, Nifty Smallcap 100 returns, gold price surge FY25, rupee depreciation FY25, Indian equity market trends, foreign portfolio investors selling, FPI outf
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In FY25, the rupee proved more resilient than many regional counterparts, underscoring its relative strength despite global headwinds | Illustration: Binay Sinha

Sundar SethuramanAnjali Kumari

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The financial year 2024-25 (FY25) was marked by a tale of extremes for equity investors. A promising first half gave way to turbulence in the second, which erased much of the early gains.
 
The Nifty rose by 5.3 per cent, while the Sensex increased by 7.5 per cent — both their weakest annual performances since FY23. The Nifty Midcap 100 and Nifty Smallcap 100 indices gained 7.5 per cent and 5.4 per cent, respectively.
 
Gold emerged as a standout performer, surging 37.7 per cent to $3,070 per ounce — its best show since FY08 — as investors flocked to safe-haven