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Investing abroad in Stocks from India

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(Querist)
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
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amit

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amit (Expert)
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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