Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
NRIs can trade in the Indian stock market by opening the required NRI accounts and complying with RBI, FEMA, and SEBI regulations. Once the accounts are activated, NRIs can buy and sell shares listed on NSE and BSE through a registered stock broker from anywhere in the world.
To start NRI share trading in India, an investor must first open an NRE or NRO Bank Account, an NRI Demat Account, and an NRI Trading Account. Depending on the investment type and repatriation requirements, a PIS account may also be required. After funding the account, the investor can place buy and sell orders through the broker's trading platform. The purchased shares are credited to the Demat Account, while sale proceeds are credited to the linked NRE or NRO bank account after settlement.