Indian equities outperform gold with 124% returns between 2019 and 2025: CLSA report
Gold gained 117% during the same period, driven by its traditional safe-haven appeal and heightened demand amid global uncertainty following the Russia-Ukraine war that began in 2022.
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Indian equities delivered a 124% return, marginally ahead of gold, while Chinese equities saw a modest 6% gain over six years. In comparison, the Magnificent 7 Index—which includes Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla—rose 766%. Cryptocurrencies also posted strong gains, supported in part by public endorsement from the US president
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