Indian investors are on the cusp of a major breakthrough in global investing. The National Stock Exchange’s international arm, NSE International Exchange (NSE IX), is gearing up to connect them with 30 major stock markets worldwide within the next three to six months.
This ambitious expansion of its recently launched Global Investing Platform will unlock access to powerhouse markets in the US, UK, Japan, and Europe. NSE IX Managing Director and CEO V Balasubramaniam confirmed that while US stocks are already tradable, negotiations are underway with several G7 nations to broaden the scope.
The platform’s fully digital onboarding process eliminates traditional barriers like demat accounts, making foreign stock trading seamless. With a T+1 settlement cycle—meaning trades settle in just one day—efficiency is at the forefront.
Tax perks add to the appeal: zero stamp duty, zero securities transaction tax (STT), and zero capital gains tax for non-residents. All trades, margins, and settlements occur in US dollars, bypassing currency conversion hassles at the transaction level.
Trading windows will span 21 hours daily across two sessions, allowing investors to tap into Asian, European, and US market movements. Regulated by the International Financial Services Centres Authority (IFSCA), every transaction adheres to stringent oversight from India’s premier financial hubs.
This move democratizes global investing for Indians, potentially reshaping retail participation in international equities and fostering a new era of diversified portfolios.