Indians invested ₹700 cr in U.S. markets via Stockal in FY 21

Global investing platform Stockal revealed that over 50,000 investors from India invested more than ₹700 crores in U.S. stock markets in companies like Tesla, Netflix, Apple, etc., in the last 12 months.

"We saw more than ₹3,500 crores worth of transactions last year. There hasn't been a better time to start investing abroad," the company added.

Why invest in the U.S. markets?

Here are the top reasons why you MUST consider investing in the U.S. markets:

As per RBI’s Liberalized Remit Scheme (LRS), Indians can freely remit up to USD 2,50,000 per year.

Even amid the pandemic, NASDAQ Composite and NASDAQ 100 were above their 1-year level.

The U.S. GDP is higher than that of India and accounts for approximately 15% of the world’s GDP.

The U.S. stock market makes up for approximately 55% of global market capitalization. In comparison, India accounts for around 3% of global market capitalization.

The U.S. market offers higher trading volumes which in turn offers better liquidity.

The U.S. is home to the largest stock exchange in the world – the New York Stock Exchange (NYSE).

The momentum the U.S. stocks have shown even amid the COVID-19 pandemic cannot be ignored. Companies like Facebook, Apple, Amazon, Amazon, Netflix and Google (Alphabet) have shown outstanding performance and their growth only looks promising considering their recent quarterly earnings.

The investment options that the U.S. market presents to Indian investors are vast. Investors from India can choose to invest in mutual funds, ETFs or better yet invest directly in the U.S. stocks taking full advantage of the LRS scheme of the RBI.

Benefits of using Stockal to invest in the U.S. stock markets

Robust Customer Support System to help make your investment journey more convenient and comfortable

Latest research available on platform (in association with TipRanks) to help you make the right investment decisions

Subscriptions plan to suit the needs of every Indian investor

Priority Hotline for Gold Plan subscribers

Curated portfolios to help Indian investors invest in disruptive technologies and themes in the U.S. stock markets

U.S. stocks made a strong recovery even as stocks swung voraciously in both directions . As increased vaccinations, huge infrastructure plans and economic boosts are motivating retail giants to catch up with the rising customer demands and increased outdoor shoppings, companies face heavy competition in their struggle to find labour.

As a result, average hourly wages have risen by 21 cents to $30.17 last month, according to a recent Labor Department report. In general, the prospects for employment in the U.S., especially for low level jobs is finally optimistic after a long slump caused by the coronavirus pandemic, which led to major employment cutbacks and cost reductions.