Comment on NRI trading on Indian Stock Exchanges

Rohit commented on 02 Apr 2015, 03:40 AM

Hi,

Could you please answer the following questions (specifically for USA based NRI):
1. Can the demat account be opened while the NRI is in the US by mailing the required documents or the NRI needs to be in India?

2. Once the demat account is opened can the NRI do online equity transaction (i.e. buying and selling stocks from secondary market) online or there are restrictions around doing online transaction?

Thanks –
Rohit

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