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Investing abroad in Stocks from India

This query is : Resolved 

27 November 2010 Hi,

I am an Indian resident and interested in stock trading overseas - most likely NYSE and NASDAQ.

Please advise what regulations and norms would be applicable.

Do I need to open a Bank account abroad?
Are there any major risks in remitting money abroad?

Your advise would be greatly appreciated.

Thanks,
Kapil

30 December 2010 ICICI bank is providing the facility for resident indians for overseas trading. Just have a meeting with their officials they will resolve all your queries.



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