New Delhi, Sept. 9 -- For much of the past decade, investors simply loaded up on their favorite mega-cap tech names and let growth do the heavy lifting. Apple, Microsoft, Nvidia, the playbook was simple and effective.

But 2025 tells a different story. The market's momentum is broadening, moving beyond Silicon Valley into sectors once left behind. Energy producers, financial institutions, industrial players, and materials companies are stepping up, creating a rally that feels both wider and more durable, and it isn't confined to India alone.

Look at the numbers. Indian financial stocks have gained nearly 20% in FY2025 (banks +9%). Consumer staples like Hindustan Unilever and Britannia Industries Limited have gained 13-30% YTD, drawing in...