Retail investors in India may soon be allowed to trade in US stocks through a NSE platform. NSE International Exchange (NSE IFSC), a wholly owned subsidiary of the National Stock Exchange of India Ltd (NSE), has said that trading in select US Stocks will soon be facilitated through the NSE IFSC platform. “The proposed framework will make US stocks affordable to Indian retail investors. NSE IFSC will announce the operational details shortly and will launch the product at the earliest possible time. Depositories, banks and brokers have already started working with NSE IFSC to enable these investment products for Indian investors.

Source: Mint August 09, 2021 14:48 UTC