Positive impactSector
Mirae Asset Sharekhan Enables Indian Investors To Access Over 10,000 Us Stocks And ETFs Through Gift City
NDTV Profit 1 hr ago·9 Oct 2026, 6:36 am
Mirae Asset Sharekhan has launched a new service allowing Indian investors to trade over 10,000 US stocks and ETFs. This offering is based in the International Financial Services Centre (IFSC) in Gujarat International Finance Tec-City (GIFT City). This move gives retail investors a direct route to access the global market without needing a separate US brokerage account.
This development is significant because it removes the traditional barriers to international investing. By operating through a regulated IFSC entity, the service offers a compliant and potentially tax-efficient alternative for those looking to diversify their portfolios beyond Indian markets. It simplifies the process for individuals who previously found navigating foreign exchanges complex.
Investors should pay close attention to the fee structure and tax implications of this platform. While the teaser mentions zero account opening and platform fees, understanding the transaction costs and how dividends or capital gains are taxed in India will be crucial. This service is a step toward democratizing global access, but due diligence remains essential.
Key takeaways
- Category: Sector.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
