Indian investors can now easily buy foreign stocks like Apple and Nvidia through GIFT City, thanks to major discount brokers like Groww and Zerodha launching overseas investing services. This move, facilitated by the Liberalised Remittance Scheme, allows investments starting from just $1 with fractional shares. While charges include brokerage and forex conversion, GIFT City offers a regulated framework for these international investments.
CarTrade Tech shares slip 7% despite 19% YoY rise in Q1 profit; EBITDA surges 45%
CarTrade Tech shares fell over 7% despite the company reporting a strong Q1 FY27 performance, with consolidated net profit rising 19% YoY to Rs 51