Non-Resident Indians can invest in Indian markets through Portfolio Investment Scheme (PIS) via NRE/NRO demat accounts with SEBI-registered brokers.
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NRI Investment
Indian Markets
Related terms
BSE
Bombay Stock Exchange. India's oldest stock exchange, established in 1875, located in Mumbai. Its benchmark index is the Sensex.
Brokerage
The commission or fee charged by a broker for executing buy or sell orders. Discount brokers in India typically charge flat fees (e.g., Rs 20 per order) or zero for delivery trades.
CRR
Cash Reserve Ratio. The percentage of deposits that banks must keep with the RBI as liquid cash. Changes in CRR affect liquidity in the banking system and indirectly impact stock markets.
Circuit Breaker
A mechanism that temporarily halts trading on a stock or the entire market when prices move beyond specified limits (upper or lower circuit). SEBI sets these limits to prevent extreme volatility.
DII
Domestic Institutional Investor. Indian institutions such as mutual funds, insurance companies, and banks that invest in the stock market. DII flows often counterbalance FII activity.
DRHP
Draft Red Herring Prospectus. A preliminary document filed with SEBI by a company planning an IPO, containing financial details and information about the offering.