Brokerage Ideas for Indian Stocks?

[BPCAP]

I'm interested in a few Indian ordinaries.  Anyone have ideas on the best way to buy them (for a U.S. based investor)?  I'm not aware of any U.S. brokers that can do the trades.  U.K. account perhaps? 

Thanks for the help

[vishnu]

1) Apply for  PAN CARD https://tin.tin.nsdl.com/pan/

2) Do KYC https://www.cvlkra.com/

3) Open Brokerage account in India

4) You are good to go.

 

Thought I believe there are lot of struggle to go through these steps. Expect Harassment from Indian Government officials

[BPCAP]

Thanks for the help!

 

 

[BPCAP]

 

Any recommendations for good, safe brokerages through which to buy Indian stocks?  Thanks

[Gopinath]

I have accounts with Interactive Brokers India and ICICI Direct. I am happy with both of them although ICICI Direct charges more for brokerage than anybody else.

[smathew]

Gopinath,

  Can we have mutliple brokerage accounts linked to  a single  PIS accounts ? I have some trouble

  on this front . Because of this moving from one brokerage to another is big headache .

Regards

sajeesh

[smathew]

Also does interactive brokers allow to trade stocks now ? Earlier they used to support

only trading options.

[Gopinath]

Sajeesh,

 

I agree with a hassle of moving from one to another. Yes, Interactive brokers allows the stock purchases in NSE exchange(only). I think you can have as many brokerage accounts you want, although you would have to check with them(they might have some limitation)

[smathew]

Sajeesh,

 

I agree with a hassle of moving from one to another. Yes, Interactive brokers allows the stock purchases in NSE exchange(only). I think you can have as many brokerage accounts you want, although you would have to check with them(they might have some limitation)

Thanks !!