Unlike in the Indian market, you can buy fractional shares in the US market. Investors will be provided with an option to trade in fractional quantities by NSE IFSC/India INX. For instance, the Amazon share price is $2750 per share, which translates to over Rs. 2 lakh in Indian currency. Since some of these US stocks are valued between hundreds to thousands of dollars per share, trading in fractions or owning shares of these companies in multiples of $10 to $20 will likely increase participation. The proposed trading framework will make US stocks affordable to Indian retail investors.
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