You can soon buy Google, Apple shares on NSE IFSC

Mumbai: Indian investors will soon be able to buy and sell shares of Google, Amazon, Microsoft and other US-listed companies through NSE’s GIFT City arm in the International Financial Services Centre (IFSC) in Gujarat.

NSE International Exchange (NSE IFSC) on Monday said it has set up infrastructure for Indian investors to buy US stocks and broker registration is under way. The arrangement will allow fractional ownership of US stocks for these investors, who would need to open demat accounts with entities based in GIFT City.