Can you open a demat account in India as an NRI? MintGenie answers

News Snapshot:

In recent years, the Indian stock market has experienced notable growth and transformation, becoming a prominent player in the global financial landscape. This evolution is attributed to advancements in technology, regulatory changes, and increased participation from investors. From a market capitalisation of $1.5 trillion in 2014, representing BSE-listed firms, it has now surged to over $4 trillion. This impressive growth has not only propelled the Indian stock market forward but has also led to it surpassing Hong Kong's market capitalisation last year, positioning it as the fifth-largest equity market globally, with a global share exceeding 3.5%. In order to engage...