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Trade in US stocks via NSE IFSC

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 Indian Investors can trade in US stocks Investors in India will be able to trade in US stocks through the NSE International Exchange NSE IFSC).  It is a wholly-owned subsidiary of the National Stock exchange (NSE). Investors can invest in NSE IFSC receipts on US stocks. It is in the form of depository receipts (DRs) For a start, this will include DRs of 50 US stocks such as Apple, Alphabet, Amazon, Tesla, Microsoft, Morgan, Stanley, Nike, P&G, Coca-Cola, and Exxon Mobil. Resident investors will have to open a demat account at the IFSC and the stock receipt will be considered foreign assets for filing income tax returns. Short-term capital gains will be taxed at the slab rate.  Long-term capital gain will be taxed at 20 percent with indexation.