International mutual funds have outperformed domestic equity mutual funds in the current year, driven by shifts of Foreign Institutional Investors (FIIs) to markets like China and the US. Experts suggest investors remain focused on the Indian equity market, which shows growth potential and support from Domestic Institutional Investors (DIIs).
European shares close at record high driven by defence stocks
European stocks hit a record high Friday, buoyed by defence and insurance sectors, ending the year on an optimistic note. The STOXX 600 index saw