Indian Stocks & Mutual Funds still best Investment options:

Indian Stock markets still look good. Not only Indian stock markets but all global markets have been real range bound lately. Many analysts believe that this is co because a lot of hedge funds and banks are still skeptical about the financial well being of the world and quite scared of playing a gamble in the equity markets where the momentum is not picking up. However top mutual funds in India are doing some buying but that’s not just enough to bring the momentum in the heavy indices like the NSEs NIFTY or the BSEs Sensex.Research analysts strongly believe that this inflation that is pressing the markets downwards should settle down or go below 6%, if we have to see some rally in the top Indian shares. The markets are definitely waiting for some buying to happen, but that is not going to happen unless we some slide in the commodity prices (or inflation in other words). The NRI investing in the Indian stock market has also gone low in the gone 2 weeks says a couple of NRI brokers who are financial firms dedicated to nri investment in India, opening dmat accounts and offer NRI services. 

The Indian stock market bull story is not over, as we are definitely witnessing a correction, propagated due to the US recession worries and gas prices in general. We can certainly see a rally come into the stock markets of India and see good buying in Indian mutual funds in the coming 2-3 months, thus it is advised to select proper stocks in advance just to delay last minute rush, that give your wrong prices when you buy shares. It is clearly advised to get into the markets with full view and caution to make money in this highly volatile times. 

IMPORTANT DISCLAIMER: Investment in equity shares has its own risks. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. I, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations given in this blog. 

Do you want to Learn About Indian Stock Market – & How Shares are Traded in India for NRIs,OCIs and PIOs??

There are lots of books available in the market on ‘investment’ but then in today’s fast-paced life, who has the time to go to a bookstore and search in a mound of books? Well, for all you people who want to learn about investment, here’s the solution! Nriinvestindia presents its own ebook for you! It’s for beginners as also for investors who want to know how to invest in India.An investment guide for Non Resident Indians (NRIs), this e-guide will teach you the basics of Indian Stock Market. You will learn the basics and/or the fundamentals of stock market with the help of this ebook, specially designed for all you NRIs, Persons of Indian Origin (PIOs), and Overseas Citizen of India (OCIs).

This e-guide shall prove to be your best friend as you embark on your journey to know about the basics of Share/Stock market. You must be thinking: Why choose THIS ebook above other ebooks? Well, the answer’s very simple. There might be many ebooks available dealing with Indian Share Market, but THIS ebook promises to be different from the rest, for apart from acting as an investment guide for NRIs and beginners, and a tutorial related to Share market, this ebook will also teach you the basics of Market trading – an art! So for all of you who plan to become Traders of the Indian Share Market, well you will make a right choice by choosing our ebook.

This ebook deals with various fundamentals and basics of the Share Market that is important for being a good judge of shares. Just knowing about the Share Market will not make you a good investor. You have to also KNOW THE SHARE MARKET. A good judge delivers a good judgement. Similarly, a good investor invests wisely, and this e-guide will help you gain this wisdom. This e-guide will teach you investment strategies, and make you an expert in picking good Stocks and Mutual Funds.

You will Learn the A to Z of investments quickly; Know everything about Stocks and Mutual Funds and Understand Stock Charts easily. You will know what is SENSEX, NSE, BSE, NIFTY etc. All this by just going through a few ‘pages’ we have prepared specially for you.

This ebook also has a special feature for Indians NRIs, PIOs and OCIs. This ebook-cum-guide will tell you how to invest in Indian Mutual Funds, open Stock Trading Account in India, and make money using ‘shorts’ in a falling market! Tricks of the trade makes one a good businessman. Likewise, knowing the nuances of investment will make you an outstanding investor. And this ebook will surely teach you such nuances.

A guide to invest in India, this ebook will, we hope, be of tremendous help to you to not only comprehend Indian Stock Market but also to trade the same! A complete investment guide-cum-tutorial pertaining to the Indian Stock Market for beginners and NRIs, this ebook will make you the master of the trade.

Click Here to Download this Amazing eBook for Beginner Investors

Can NRIs returning to India deposit his/their income earned outside India in the Bank?

Yes, Non resident Indians – NRIs that return to India can deposit his or their income earned outside India in the Resident Foreign Currency Account, even if the NRI decides he/she can keep or retain his income earned outside India in any banking channel.

Under this RBI scheme for NRIs who were at point resident outside India for a said continuous period of a minimum one year and became resident after returning back to India are allowed to maintain his account in any freely convertible foreign currency for depositing their income earned outside India.

The following amounts can be kept or deposited in the RFC A/C –

  1. Balances in Bank accounts outside India and interest thereon.
  2. Dividend, interest, profit earned on investment in foreign currency in the form of shares or securities.
  3. Rent etc. earned from Immovable property outside India.
  4. Foreign exchange earning through employment, business or vocation outside India which was taken up while stay abroad.

Can an NRI returning to India keep his money in Bank accounts abroad ?

Yes, non resident indians – NRIs coming back from abroad after a long trip/stay of at least one year or so can maintain and keep their balances in such foreign banks abroad and also maintain their bank accounts without any problems. These NRIs can also deposit all their income that they earn abroad while they were living or were resident of that foreign countries like: USA – United States of America, United Kingdom – UK, Canada, Australia, Gulf- Dubai, UAE, Kuwait, etc. Also to mention that any income earned on any other asset held (immovable like real estate or not) acquired while living abroad or in the foreign land can be deposited in this account. Last but not the least NRIs should keep in mind that, any pension received by such a person from the employers can also be deposited in this bank account held in a foreign country. Any other fresh credits to such type of foreign bank accounts can be made only if it is out of foreign currency acquired from the above mentioned sources.