Groww opens US stock and ETF trading to Indian investors via its app
Groww has given Indian investors access to over 10,000 US stocks and ETFs through its app since early October, according to Moody's.
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what happened
Groww, which accounts for more than 29% of India's 46 million active investors across stock brokerages, began trading US-listed equities directly in its app in early October. The rollout took place in phases over four weeks. Users can access over 10,000 US stocks and ETFs, including Alphabet, Apple, Micron and Nvidia, and can buy fractional shares. Moody's cited CNBC, which reported the launch quoting chief operating officer and co-founder Harsh Jain.
To fund an account, users link a bank account from one of five banks and transfer money into a US dollar balance. Investors should factor in currency conversion charges, taxes and other transaction costs, and note that the rupee's movement against the dollar affects returns when funds are converted back. Overseas investing falls under the Reserve Bank of India's Liberalised Remittance Scheme.
why it matters
For markets, the story matters mainly as a channel for capital flows. Easier access through local apps makes US assets simpler for Indian retail investors to buy, so the dollar against the rupee may become a more visible factor for them, and US equity volatility will pass through to their portfolios.
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- Stock market investors alert! Eyeing US markets? Groww starts with for Indian investors - Top 5 things you should know — Moody's, 1 November 2026 at 12:18 UTC
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