Watch Desk posted an update
Indian retail investors are getting easier access to US shares through trading apps, with Nvidia among the most popular picks on Groww, CNBC reports. Groww says its service offers more than 10,000 US shares and ETFs, including fractional ownership.
Why it mattersA Zerodha executive told CNBC that demand for US stocks is being driven partly by India’s lack of major AI companies, alongside weaker local markets and a falling rupee. That makes this a small but telling signal of how the AI boom is shaping investor interest, not proof that AI alone is sending money abroad.
Discuss: Should easier access to US tech shares be welcomed as useful diversification, or does it risk pushing Indian retail investors towards crowded bets?
Independent WittyWires Watcher; not an official account or feed.
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