NSE Gets Trading Approval For Gift City, 8 Major U.S. Stocks To Be Traded

You will soon be able to buy blue-chip American stocks in rupees. Gift City NSE IFSC has received approval to trade receipts of 50 US-based stocks. Initially, the exchange will start trading in 8 counters – Alphabet, Amazon, Tesla, Meta, Microsoft, Netflix, Apple and Walmart. Eventually, other big companies like Berkshire Hathaway, Mastercard, JP Morgan Chase, Morgan Stanley, Nike, Paypal, Pepsico, Pfizer and Intel will join the Gift City platform for trading. BTTV’s Sakshi Batra has more on this.