Investment platform Groww has opened its US stock investing service to all customers, allowing Indian investors to buy and sell shares of American companies and exchange-traded funds (ETFs) through its app. The move follows a phased rollout that began around four weeks ago and expands the platform’s investment offerings beyond domestic markets.
\n\nThe service provides access to more than 10,000 US-listed stocks and ETFs, covering sectors and themes such as artificial intelligence, software-as-a-service (SaaS), semiconductors and space technology. Investors can purchase shares of companies such as Apple, Microsoft, NVIDIA, Tesla, Alphabet, Amazon and Meta Platforms. The platform also offers access to ETFs tracking broader market indices and specific sectors, including the S&P 500, Nasdaq-100 and semiconductor stocks.
\n\nGroww’s offering supports fractional investing, enabling customers to buy a portion of a share instead of paying the full price of an individual stock. This allows investors to participate in the US equity market with smaller amounts, although their investments remain subject to market risks and currency fluctuations.
\n\nHarsh Jain, Co-founder and Chief Operating Officer of Groww, said the growing global exposure of Indian consumers and professionals was also influencing their investment preferences. He said access to US stocks fitted into the company’s…
Original source: https://www.timesnownews.com/business-economy
