Is it possible to invest in the Indian Stock Market from the U.S?
Hello, I would like to know if it is possible to stock trade in the Indian stock market from the U.S. And if so, are there any penalties? Such as no day trading, limited investments, etc.? Help is appreciated!
Public Comments
- Hi Samus ! With rapidly growing economy Indian Stock Markets are booming as well. Although Indian stock market is highly regulated, preventing most non-Indians from investing in it but NRIs are in a special situation and can take advantage of booming Inidan stock market. First step in investing in Indian Stock Markets is to get a Bank Account. This will off course be there to hold your funds that you need to invest. As you are outside India your funds will be in foreign currency. So next question arising is weather you want your funds to be held in foreign currency or in Indian Rupees. In banking terms weather you want your account to be repatriable or non repatriable. If you want to learn more about this then go to the following URL http://bazaarlive.info
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