Major Indian platforms Groww, Zerodha and Angel One are opening U.S. stock trading to retail investors, previously available mainly to wealthier Indians through global banks. Groww, which accounts for more than 29% of the country's 46 million active investors, offers access to more than 10,000 U.S. stocks, ETFs and fractional shares, with NVIDIA, SpaceX and Apple among the most popular among early users. Demand is driven by Indian underperformance: the Nifty 50 has fallen nearly 13% since the start of the year while the S&P 500 has gained over 12%, and foreign investors have pulled a record $32.5 billion from Indian equities this year. Resident Indians sent over $321 million abroad for equity and debt investment in August, up 111% from a year earlier. Kotak Mahindra's Nitin Jain cautioned that regulators could have second thoughts about retail access to U.S. markets as participation grows.
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Related tickers and likely impact
NVDA
▲ Likely positiveNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/27/2026 | 217.88 |
| Change that session | +0.87% |
AAPL
▲ Likely positiveApple Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.1T |
| Close on 10/27/2026 | 347.08 |
| Change that session | +0.92% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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Foreign portfolio investors have pulled Rs 52,100 crore from Indian equities so far in October, taking 2026 withdrawals to Rs 3.12 lakh crore, far above the Rs 1.66 lakh crore withdrawn in all of 2025. The October selling follows Rs 35,861 crore of outflows in September and is attributed to high crude prices, elevated US bond yields, a stronger dollar and the AI-led rally in North Asian markets. FPIs made a marginal net purchase on October 16, which analyst V K Vijayakumar says may be tactical, helped by the US 10-year yield easing to 5.08% and a firmer rupee. Selling concentrated in financial services and oil-related stocks, while consumer services attracted inflows. In the debt market, FPIs withdrew Rs 1,620 crore via the FAR route and Rs 772 crore via the VRR route in September, while the general route saw Rs 3,387 crore of investment.
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