Russian brokers strengthen their presence at Indian stock market

11:28 - 6.03.2025


March 6, Fineko/abc.az. Russian companies are strengthening their presence at the Indian stock market, attracted by the volume of $4.9 trillion and the efficiency of foreign exchange transactions.

ABC.AZ informs that investment activity is constrained by accounting features, taxes, and high conversion fees.

In February 2025, Rikom-Trust received a foreign portfolio investor's license (FPI II) and plans to raise $5 million over 1-1.5 years. The first investments will be available only to qualified investors. Alor+ has been testing trading on Indian exchanges since October 2024 and will offer its clients futures, options and bonds transactions in the coming weeks.

India's stock market ranks 4th in the world, but it is correcting after growth.