Investment in foreign markets like NASDAQ or DOW

Punit Todi (Associate Finance) (40 Points)

27 April 2011  

Hi

Is it possible for me to invest in markets like S&P, DOW , NASDAQ or FTSE or any other foreign market.

If yes, then what is the procedure to follow and what is the limit on investment

Also, what are the FEMA rules or any other law in this regard

Is the law different if i was to invest in foreign commodity markets like NYMEX

Thanks

Punit