Online stock investments websites for nris?

I live in the US and I want to buy and see indian stocks online. What's the most secure and best site to do this and what are the requirements?

You may want to get the actual rules from SEBI in India who is the governing body like the SEC.

As far as I know, an NRI cannot do any trading on the internet. But, an NRI can open a stock trading account, hand it over to someone in India to manage and let them trade the NRI account.

I think the Mutual Fund approach that has been recommended several time through nriinvestments.com is a good approach. But, why get to India as an NRI, if you are going to do Mutual Funds. We already have many Indian MF choices here to invest in our regular brokerage accounts (US based).

Finally, if you have an ability to get a PAN card in India (Indian version of SSN), then you can open a RI account in India and trade the stocks on-line from the anywhere in the world. Of course, you have to pay taxes in India through an Indian Tax Accountant.

Take care.

KKP_Investor

U can open an account with a share trading company which will do everthing for you if u provide the necessarry documents . You will have to deposit a sum of money with them according to which they will set your trading limit.Then they will give u a login for the online Bombay stack exchange for u to trade your stocks. I have gone thru the forms for this co www.htssecurities.com and they do seem to have a section for nris too in thier forms . I most probably will start some stock broking with them

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