Tesla, Apple, Netflix, Amazon: Want to Buy US Stocks? It Just Becomes Easier and Cheaper (2024)

Last Updated: March 03, 2022, 10:44 IST

Tesla, Apple, Netflix, Amazon: Want to Buy US Stocks? It Just Becomes Easier and Cheaper (1)

(Representative photo: Reuters)

Want to buy Tesla, Apple, Netflix, Amazon stocks? Domestic investors can now invest in US stocks such as Google, Amazon, and Tesla directly on the NSE IFSC. Here's how

Indian investors starting today will be able to invest in US stocks such as Google, Amazon, and Tesla directly on the NSE IFSC (NSE International Exchange). NSE IFSC is a wholly-owned subsidiary of the National Stock Exchange of India (NSE)and has received approval from the market regulator to establish an international exchange in GIFT - International Financial Service Centre (IFSC) Gandhinagar.

On the exchange, trading is permitted in equity shares of companies incorporated outside of India, depository receipts, debt securities of eligible issuers, currency, index, interest rate and non-agriculture commodity derivatives. It is the exchange that will offer trading of the derivative.

The exchange has received approval to trade receipts of top 50 US-based stocks which include Apple, Alphabet, Amazon, Tesla, Microsoft, Morgan Stanley, Nike, P&G, Coca-Cola, and Exxon Mobil. However, only eight will be available from March 3. This include Amazon, Apple, Alphabet (Google), Netflix, Tesla, Meta (Facebook), Walmart, and Microsoft.

NSEIFSC Receipts: Equivalent to Owning Stake

In order to make US stocks accessible to Indians, market makers will buy shares in the US and issue receipts against them, which will be known as NSEIFSC Receipts. They will be equivalent to owning a stake in the company whose receipt they will be. You can buy or sell these receipts just as you would buy or sell shares of the companies.

However, if say an investor owns one reciept then it does not convert into owning a stock in the company. NSE IFSC said it will release the receipts in a certain ratio. For example, one share of Tesla will be equivalent to 100 NSE IFSC receipts. That means, the value of Tesla’s receipt will be about one-hundredth of the value of Tesla shares.

Investment Limit?

Indian retail investors can transact on the NSE IFSC platform under the Liberalized Remittance Scheme (LRS) limits prescribed by the Reserve Bank of India. Currently, under the LRS rules, a resident individual is allowed to remit up to $2.5 lakh (USD 2,50,000 ) in each financial year.

The trading currency will be US Dollars and the minimum ticket size is $0.01. The trading will start at 8:30 pm on day one to 2:30 pm the next day.

Trading in US Stocks Becomes Easier

Currently, the route to invest in US stocks is cumbersome and expensive. But it will be much easier now. In a note, Motilal Oswal said this presents an additional investment opportunity to the Indian investors with an easy investment process and at low cost. You will have the option to trade in fractional quantity value when compared to the underlying shares traded in US markets. Investors will be able to hold the depository receipts in their own demat accounts opened in GIFT City and will be entitled to receive corporate action benefits pertaining to the underlying stock."

How to Invest?

According to Motilal Oswal, first, you will have to open trading and demat accounts with NSE IFSC registered brokers. Presently, 36 brokers are registered with the exchange. After that you need to transfer funds from your local bank account to NSE IFSC registered broker’s bank account. Once the fund reflects in your broker’s account, you are ready to trade in NSE IFSC US stocks.

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    Tesla, Apple, Netflix, Amazon: Want to Buy US Stocks? It Just Becomes Easier and Cheaper (2)

    About the Author

    Aparna Deb

    Aparna Deb is a Subeditor and writes for the business vertical of News18.com. Among other things, financial market, economy and policies interest her

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    first published:March 03, 2022, 10:30 IST

    last updated:March 03, 2022, 10:44 IST

    Tesla, Apple, Netflix, Amazon: Want to Buy US Stocks? It Just Becomes Easier and Cheaper (2024)

    FAQs

    What are the best stocks to invest in now? ›

    6 of the Best Long-Term Stocks to Buy
    StockSectorDividend yield (TTM)
    AT&T Inc. (T)Telecom6.5%
    The Coca-Cola Co. (KO)Consumer staples2.8%
    Dominion Energy Inc. (D)Utilities4.8%
    United Parcel Service Inc. (UPS)Industrials3.7%
    2 more rows
    May 15, 2023

    What is the cheapest way to buy Tesla stock? ›

    What is the best way to buy Tesla stock? Opening a trading account with low or zero fees at a safe online brokerage (e.g. Interactive Brokers) is the best way to buy Tesla stock. If you are looking to invest a smaller dollar amount, consider buying fractional shares of Tesla.

    Can I buy 1 share of Tesla stock? ›

    The good news is that self-service brokerage platforms cater to those just starting out in the market, and they know not everyone has lots of money to invest. They allow investors to buy one share of Tesla and most other stocks, and they don't require minimum balances or charge trading fees and commissions.

    Can we buy US stocks from NSE? ›

    At present you can buy 8 US stocks on the NSE IFSC Exchange. These are Alphabet (Google), Amazon, Meta Platforms (Facebook), Netflix, Apple, Walmart, Tesla, and Microsoft.

    What stock will grow the most in 2023? ›

    Bank of America's Best Growth Stocks of 2023
    CompanyForward Sales Growth Next Year
    Alphabet (GOOG, GOOGL)+11.8%
    Eli Lilly (LLY)+19.4%
    Match (MTCH)+13.0%
    Progressive (PGR)+10.9%
    6 more rows
    May 1, 2023

    What are the top 3 most active stocks today? ›

    Most Actives
    SymbolNamePrice (Intraday)
    AMZNAmazon.com, Inc.116.25
    AAPLApple Inc.175.16
    NVDANVIDIA Corporation312.64
    NIONIO Inc.8.07
    21 more rows

    How much will Tesla stock be worth in 10 years? ›

    “I think in 2025 it (Tesla) will be $500 to $600 (per share). And in eight to ten years, we ought to be somewhere around $4.5 trillion.” A market capitalization of $4.5 trillion would make Tesla more valuable than Apple and Saudi Aramco combined, a claim that Musk made in 2022.

    What is a fair price for Tesla stock? ›

    Stock Price Forecast

    The 35 analysts offering 12-month price forecasts for Tesla Inc have a median target of 187.40, with a high estimate of 300.00 and a low estimate of 71.00. The median estimate represents a -0.31% decrease from the last price of 187.99.

    Why people buy Tesla stock? ›

    As a profitable company, Tesla has a lot of room to keep prices lower for longer to maintain and grow its market share. And it is less dependent on external financing (which creates debt to manage). That's a powerful advantage right now as financing has become more expensive with the sharp rise in interest rates.

    Does Warren Buffet own Tesla stock? ›

    Buffett hasn't avoided Tesla because he dislikes the company's CEO, Elon Musk. He recently called Musk "a brilliant, brilliant guy." So why doesn't Buffett own Tesla stock? Here's the biggest reason.

    What happens if I invest $100 into Tesla? ›

    Investing $100: Based on a price of $681.79 at the time of writing, a $100 investment could purchase 0.1467 shares of Tesla. Tesla hit an all-time high of $1,243.49 on Nov. 4, 2021. If Tesla shares return to their all-time high, the $100 investment would be worth $182.42.

    Why not invest in Tesla? ›

    Notable risks include Tesla cars being too expensive with tax breaks and that the construction of its Gigafactory (battery factory) taking longer than expected. More broadly speaking, Tesla faces a competitive environment from both legacy automakers and other EV manufacturers.

    Is it OK to invest in US stocks? ›

    If you're wondering, Can I Invest in the US Stock Market or how to invest in US stocks from India, the answer is, yes you easily can! There are two distinct ways of investing in the US stock market from India: Direct investment in stocks. Indirect investment in stocks via mutual funds or ETFs.

    Which broker allows to buy US stocks? ›

    You can opt for foreign brokers like Ameritrade, Charles Schwab and others that have an Indian presence to start directly investing in the US stock market. NSE IFSC - You can also trade US stocks through the NSE IFSC, a wholly-owned subsidiary of the National Stock Exchange (NSE).

    Can I invest directly in US stocks? ›

    Yes, Indians can invest in the US stock market. There is more than one way to buy and hold US stocks in your portfolio. Direct equities, ETFs, and mutual funds are just one of the few popular options. You can invest in US stocks in two ways from India – indirect and direct.

    What stocks will double in 2023? ›

    7 Growth Stocks That Could Double Your Money in 2023
    RAMPLiveRamp$24.68
    KYMRKymera Therapeutics$28.35
    SDGRSchrodinger$26.10
    HSAIHesai Group$8.10
    ABCLAbCellera Biologics$5.74
    2 more rows
    May 14, 2023

    What stock is booming right now? ›

    Gainers
    CompanyPriceChange
    PFE Pfizer Inc39.64+0.89
    ADM Archer-Daniels-Midland Co75.05+1.61
    CMA Comerica Inc40.48+0.81
    KEY KeyCorp10.46+0.18
    6 more rows

    What is the best stock to make money fast? ›

    In addition to Amgen, Inc. (NASDAQ:AMGN), other Fast Money stocks that are widely held by elite hedge funds include Tesla, Inc. (NASDAQ:TSLA), UnitedHealth Group Inc. (NYSE:UNH), and Microsoft Corporation (NASDAQ:MSFT).

    What is the greatest stock trade of all time? ›

    5 of the Best Trades of All Time
    • George Soros: Breaking The Bank of England.
    • Paul Tudor Jones: Predicting The 1987 Stock Market Crash.
    • Jesse Livermore: Becoming One of the Richest Men in the World at the Start of the Great Depression.
    • Jim Chanos: The End of Enron.
    • Michael Burry: The Prosthetic-Eyed CDO Trader.
    • Conclusion.

    What is the most heavily traded stock? ›

    Most Active - United States Stocks
    NameLastHigh
    AAPLApple171.56173.38
    AMDAMD108.12110.99
    AMZNAmazon.com114.99117.14
    METAMeta Platforms246.74251.61
    30 more rows

    What stock makes you the most money? ›

    25 Top-Paying Dividend Stocks That Will Make You Rich
    • Emerson Electric Company. Annual dividend: $2.00. ...
    • Aflac Inc. Annual dividend: $1.12. ...
    • Archer Daniels Midland. Annual dividend: $1.44. ...
    • Pepsico Inc. Annual dividend: $4.09. ...
    • Cincinnati Financial. ...
    • General Dynamics Corp. ...
    • Genuine Parts Company. ...
    • Raytheon Technologies Corp.
    Oct 12, 2021

    How much $10000 invested in Tesla stock 10 years ago is worth now? ›

    If you invested $10,000 with founder Elon Musk 10 years ago, your stake would be worth $2.1 million now. That works out to a more than 70% average annual return. The same $10,000 put into the S&P 500 during that time grew just 274% to $37,376.

    How much would $1,000 dollars invested in Tesla 10 years ago? ›

    And if you had invested $1,000 on Aug. 11, 2012 and given your investment a decade to grow, you'd have around $145,341 as of Aug. 10, 2022.

    What will Apple stock be worth in 5 years? ›

    Over the next five years, the value of Apple (AAPL) is predicted to increase. It was projected that Apple's share price would reach $220 by the end of 2023, $250 in 2024, $315 in 2025, $370 in 2026, $425 in 2027, $465 in 2028, and $480 in 2029. In 2030, analysts anticipate Apple shares will be worth $510.

    How high will Amazon stock go? ›

    AMZN Stock 12 Months Forecast

    Based on 36 Wall Street analysts offering 12 month price targets for Amazon in the last 3 months. The average price target is $134.24 with a high forecast of $165.00 and a low forecast of $111.00. The average price target represents a 15.48% change from the last price of $116.25.

    Is Tesla a buy or hold? ›

    Tesla has a conensus rating of Moderate Buy which is based on 15 buy ratings, 11 hold ratings and 4 sell ratings. The average price target for Tesla is $202.84.

    What is the fair value of Apple? ›

    As of 2023-05-20, the Fair Value of Apple Inc (AAPL) is 108.14 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 175.16 USD, the upside of Apple Inc is -38.3%.

    Should I buy a Tesla now or wait 2023? ›

    Here's what we recommend. Tesla just did some drastic price cuts. Now is the perfect time to buy your 2023 Tesla Model Y if you are in the market for one. The Tesla Model Y long range is $52,990 as a base price and if you buy it before March 2023, the price becomes $45,490.

    Is Apple a good stock to buy right now? ›

    The average price target represents 4.22% Increase from the current price of $175.16. Apple's analyst rating consensus is a Strong Buy.

    Is Tesla stock a good buy in 2023? ›

    History suggests that the Nasdaq could head even higher and deliver solid gains by the end of the year. That's why it would be a good time for investors to buy shares of Tesla (TSLA 4.85%), a stock that has logged terrific gains in 2023 already and is looking good for more.

    Who owns the biggest stock in Tesla? ›

    Tesla's largest institutional investors

    Vanguard Group, Blackrock (BLK) and Capital World Investors are among the top institutional shareholders of Tesla, accounting for a combined 15% of its outstanding shares. Let's take a look at Tesla's five largest institutional investors and their reasons for holding the stock.

    Who owns the most shares of Tesla? ›

    Musk, who has been Tesla's CEO since 2008, is still the largest shareholder.

    What three stocks does Warren Buffett own? ›

    Buffett's Biggest Holdings
    Company (Ticker)Sector% of Portfolio
    Chevron (CVX)Energy9.8%
    Cola-Cola (KO)Consumer Staples8.5%
    American Express (AXP)Finance7.5%
    Kraft Heinz (KHC)Consumer Staples4.4%
    6 more rows

    What if you invested $1,000 in Tesla 5 years ago? ›

    If you had invested $1,000 in Tesla 5 years ago, you'd have $4,973 today, a gain of 397% Tesla share prices have fluctuated quite a bit since the company went public in 2010.

    What will Tesla stock be worth in 2040? ›

    Tesla (TSLA) Stock Price Prediction and Forecast
    YearMinimum PriceMaximum Price
    2030$1,081$1,105
    2035$1,458$1,505
    2040$1,952$1,996
    2050$2,985$3,065
    7 more rows
    May 11, 2023

    What is the highest price Tesla stock has ever been? ›

    Tesla - Stock Price History | TSLA
    • The all-time high Tesla stock closing price was 409.97 on November 04, 2021.
    • The Tesla 52-week high stock price is 314.67, which is 66.6% above the current share price.
    • The Tesla 52-week low stock price is 101.81, which is 46.1% below the current share price.

    What will Tesla stock be worth in 2030? ›

    As shown below, analysts at Wallet Investor expect that the stock will be trading at above $300 in 2025. Similarly, Cathie Wood believes that the stock will be over $3,000 by 2030. Ron Baron, who is a very successful fund manager, expects the TSLA stock price to hit $1500 by 2030.

    What is wrong with Tesla stock? ›

    Compounding the market's worries is Tesla's declining market share. The company's worldwide share of EVs has fallen from 17% in 2021 to 12% at the end of 2022, according to a passenger EV sales tracker from research firm Counterpoint.

    Is Google still a good stock to buy? ›

    It's trading only around 14 times forward earnings now. This cheap valuation provided Google's dominant market-leading position and future growth prospects with significant profitability potential, making Google an ideal stock to own for the long haul.

    When should I buy US stocks? ›

    The upshot: Experienced traders often view Monday as the best day of the week to buy and sell stocks because of the time and pent-up demand since the last trading session the previous Friday.

    Is it best time to buy stocks in USA? ›

    The opening 9:30 a.m. to 10:30 a.m. Eastern Time (ET) period is often one of the best hours of the day for day trading, offering the biggest moves in the shortest amount of time. A lot of professional day traders stop trading around 11:30 a.m. because that is when volatility and volume tend to taper off.

    Is US stock market overpriced? ›

    By at least one valuation measure, U.S. equities are currently more expensive than those of any other country or region, Research Affiliates' data show. That is based on the S&P 500's price level relative to inflation-adjusted corporate earnings over the past 10 years, or the CAPE ratio.

    What is the best way to purchase stocks in US? ›

    The easiest way to buy stocks is through an online stockbroker. After opening and funding your account, you can buy stocks through the broker's website in a matter of minutes. Other options include using a full-service stockbroker, or buying stock directly from the company.

    How can I buy stocks without a broker in USA? ›

    Your first option is to buy stocks directly from the company itself, known as a direct stock purchase plan (DSPP) or direct investment plan. In other words, you will need to know precisely what companies you want to invest in and then determine the protocols for buying shares in the company through their own platform.

    What stocks are booming right now? ›

    Gainers
    CompanyPriceChange
    KEY KeyCorp10.70+0.42
    CFG Citizens Financial Group Inc28.23+1.04
    TSN Tyson Foods Inc51.87+1.76
    BXP Boston Properties Inc51.81+1.75
    6 more rows

    What is a good stock to make fast money? ›

    In addition to Amgen, Inc. (NASDAQ:AMGN), other Fast Money stocks that are widely held by elite hedge funds include Tesla, Inc. (NASDAQ:TSLA), UnitedHealth Group Inc. (NYSE:UNH), and Microsoft Corporation (NASDAQ:MSFT).

    Which stocks to buy for 5 years? ›

    Industry
    • Reliance Industries. Multinational Conglomerate.
    • Tata Consultancy Services (TCS) Information Technology.
    • Infosys. Information Technology.
    • HDFC Bank. Banking.

    What is the best stock to invest in for beginners? ›

    Here are the 15 best stocks to buy for beginners in 2023:
    • Amazon (NASDAQ: AMZN)
    • Alphabet (NASDAQ: GOOG)
    • Apple (NASDAQ: AAPL)
    • Costco (NASDAQ: COST)
    • Disney (NYSE: DIS)
    • Meta (NASDAQ: META)
    • Mastercard (NYSE: MA)
    • Microsoft (NASDAQ: MSFT)
    Apr 20, 2023

    What stock is growing the fastest? ›

    Fastest-Growing Stocks
    Price ($)Market Cap ($B)
    Apollo Global Management Inc. (APO)60.9334.8
    Performance Food Group (PFGC)61.609.6
    Norwegian Cruise Line Holdings Ltd. (NCLH)14.146.0
    2 more rows
    May 5, 2023

    What is the fastest growing stock today? ›

    Day Gainers
    SymbolName% Change
    IOVAIovance Biotherapeutics, Inc.+13.45%
    CVACCureVac N.V.+11.27%
    BNTXBioNTech SE+10.33%
    MRNAModerna, Inc.+9.71%
    21 more rows

    Is it good to invest in Apple? ›

    Despite the challenges Apple faces, its stock forecast is still strong. The consensus among analysts is that the company will perform well over the next few years, and it's considered a “strong buy” based on a Nasdaq analysis of recommendations by 26 analysts.

    What is the most profitable stock ever? ›

    The Best Performing Stocks in History
    • Coca-Cola. (NASDAQ: KO) ...
    • Altria. (NASDAQ: MO) ...
    • Amazon.com. (NASDAQ: AMZN) ...
    • Celgene. (NASDAQ: CELG) ...
    • Apple. (NASDAQ: AAPL) ...
    • Alphabet. (NASDAQ:GOOG) ...
    • Gilead Sciences. (NASDAQ: GILD) ...
    • Microsoft. (NASDAQ: MSFT)

    Which stock is best for 2 years? ›

    List of Long-Term Stocks to Buy now in India
    Sr No.COMPANY NAMENSE CODE
    1Tata Consultancy ServicesTCS
    2ICICI BankICICIBANK
    3Bajaj FinanceBAJFINANCE
    4Godrej Consumer ProductsGODREJCP
    16 more rows
    May 8, 2023

    Which stocks will grow the most by 2025? ›

    Multi-Bagger Penny Stocks For 2025
    NameCurrent Market PriceAnnual Range
    South Indian BankINR 14.45INR 7.25 - INR 21.80
    Yes Bank14.9INR 12.10 - INR 24.75
    Trident LtdINR 26.25INR 25.05 - INR 57.40
    Bajaj Hindusthan SugarINR 12.80INR 8.35 - INR 22.35
    1 more row
    Apr 28, 2023

    Which stocks to buy for next 2 years? ›

    best long term stocks
    S.No.NameProfit growth %
    1.SG Finserve2065.88
    2.Ksolves India62.87
    3.Dreamfolks Servi369.88
    4.Tips Industries19.36
    23 more rows

    What is the safest stock to buy? ›

    Starter Stock Portfolio: 15 Safe Stocks To Buy
    • Chevron Corporation (NYSE:CVX) Number of Hedge Fund Holders: 57. ...
    • The Coca-Cola Company (NYSE:KO) Number of Hedge Fund Holders: 58. ...
    • The Home Depot, Inc. ...
    • Costco Wholesale Corporation (NASDAQ:COST) ...
    • Walmart Inc. ...
    • AbbVie Inc. ...
    • The Procter & Gamble Company (NYSE:PG) ...
    • Pfizer Inc.
    Mar 30, 2023

    What is the best stocks to invest in 2023? ›

    10 of the Best Stocks to Buy for 2023
    StockYTD Total Returns Through May 17
    Walt Disney Co. (DIS)6.8%
    PayPal Holdings Inc. (PYPL)-13.7%
    EOG Resources Inc. (EOG)-12.5%
    Grupo Aeroportuario del Sureste SAB de CV (ASR)25.8%
    7 more rows
    6 days ago

    What stocks to buy right now for quick return? ›

    Here are some stocks to consider buying for the short term.
    • Alphabet (GOOGL)
    • Amazon (AMZN)
    • Costco (COST)
    • The Walt Disney Company (DIS)
    • Dollar Tree (DLTR)
    • Las Vegas Sands (LVS)
    • UnitedHealth Group Incorporated (UNH)
    • Visa (V)
    Feb 6, 2023

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