I am a Canadian Citizen how to trade in India Online Stock Market Investing?
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- India has an ETF-look it up.
- With the right kind of arrangement and requisite entity set-up, you can do so a smooth online stock investing in India. Details can be had on each case specific basis - one sentence based enquiry is not enough.
- Just being a Canadian (without any semblance of an Indian origin) the truth is that you cannot invest in India at all. Note that unlike what someone had stated earlier, there is no Indian ETF currently trading Toronto Stock Exchange. Therefore the option to invest your RRSPs in Indian market is totally out of question. The best option available to you is to invest in India using the american exchanges. What I would suggest is to simply buy MINDX (Matthews India MUTUAL Fund), IGF (closed ended India Growth Fund) and IFN (closed ended India Fund). All of these trade in the US exchanges There also used to be a Eaton Vance India Fund. Of course all of these are US based offerings. So SEC rules apply for them. Then there are ADRs which offer entry points to Finance/IT/Pharma/Telecom, etc by means of the following Indian ADRs (also trading in NYSE/Nasdaq) Dr Reddy HDFC Bank ICICI Bank Infosys MTNL Satyam Tata Motors VSNL Wipro and some other low grade picks like Rediff India Sify India Silverline Personally, I would rather stick to MINDX and dollar cost average
- You can understand how to trade in india using online share trading terminal on website http://www.itiaks.org you can downloads the rate of all shares of NATIONAL STOCK EXCHANGE ( NSE ) from this website ( http://www.itiaks.org ) by clicking on link provided on home page ( index.html ) on left hand side. a graph of nsc also shown on realtime variation on website http://www.itiaks.org http://www.moneybhai.reliancefresh.info
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