Nvidia share price up 16%, nears life-time high; Here's how Indians can invest
Nvidia’s $277 billion market cap addition dwarfs Indian IT sector, RIL and much more Global investors are seeing Nvidia as an appealing chance to diversify and strengthen their investment portfolios. Although Nvidia is listed in the United States, investors in India can also purchase its shares and earn profits. For individuals keen on investing in Nvidia stock from India, the company is enlisted on the NASDAQ index under the ticker symbol NVDA.
To invest in international stock market, Indian investors need to establish an international trading account, a procedure that can be streamlined through diverse online platforms like Groww, Angel One, among others. To initiate the process of opening an international trading account, individuals will need to furnish their bank account particulars along with Know Your Customer (KYC) documents. Alternatively, Indian investors have the option of exploring overseas account opening through domestic brokerage firms that maintain international partnerships.
Some examples include ICICI Direct, HDFC Securities, Kotak Securities, Axis Securities, among others. Also read: Nvidia adds $277 billion in market capitalisation in one day, beats Meta’s record Furthermore, investors can gain direct access to Nvidia stock by establishing an account on international brokerage platforms like Charles Schwab, Ameritrade, Interactive Brokers, and similar entities. Meanwhile, Indian mutual fund houses also maintained holdings in Nvidia through their foreign equity investments.
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