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MARKETS-ECONOMIC TIMES · INDIAN ·

Buying US stocks via Gift City to get easier as Zerodha, Groww, Angel One and Upstox get nod

As reported by Markets-Economic Times
Buying US stocks could soon become easier for Indian retail investors after Zerodha, Groww, Angel One and Upstox secured regulatory approvals from GIFT City’s IFSCA. The licences will enable the brokerages to facilitate overseas investing, tapping into growing demand for global equities under the RBI’s Liberalised Remittance Scheme.
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Indian retail investors will soon find it easier to buy US stocks. Major brokerages like Zerodha, Groww, Angel One, and Upstox have secured regulatory approvals from GIFT City's IFSCA. These licenses will allow them to facilitate overseas investing, meeting the increasing demand…

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