The Economic Times daily newspaper is available online now.

    Geojit partners with Stockal to launch global investment platform

    Synopsis

    The global investment platform from Geojit presently offers investment options in the US stock market and will soon be adding other key global markets such as the UK, Japan, Hong Kong, Germany and Singapore to the platform, according to the company official.

    Global Stock MarketsETAuto
    Global assets have been in great demand in India for the last few months. Since the beginning of 2020, Indian retail investors have bought over Rs. 350 crores in overseas markets.
    MUMBAI: Geojit Financial Services has announced the launch of its global investment platform to help its customers invest in the US markets and diverse global assets through a single account from anywhere in the world.

    Global assets have been in great demand in India for the last few months. Since the beginning of 2020, Indian retail investors have bought over Rs. 350 crores in overseas markets.

    Geojit has partnered with New York-based global wealth management services platform Stockal, to develop the AI-powered global investment platform which helps investors diversify their portfolio by investing in international equities. The comprehensive tech-enabled digital experience will benefit more than 10 lakh Geojit customers as well as Indian retail investors, high-net-worth investors, ex-NRIs and expat IT professionals who want to invest in the global assets, company said on Thursday.

    The global investment platform from Geojit presently offers investment options in the US stock market and will soon be adding other key global markets such as the UK, Japan, Hong Kong, Germany and Singapore to the platform, according to the company official.

    While commenting on the launch of the global investing platform, Satish Menon, executive director of Geojit Financial Services said, “At present, the investors are showing strong intent to spread risk and expand equity investment horizon across geographies. There has been a substantial increase in demand from HNWIs, retail investors and those who track global equity investment markets for investing in global equities. Our AI-enabled and insights-driven global investment platform will help them explore investment opportunities in well-regulated markets and build a risk-adjusted global investment portfolio. With us, investing in the global market becomes as effortless as investing locally.”
    « Back to recommendation stories
    I don't want to see these stories because
    SUBMIT

    On Stockal, till date investors from India have executed trade transactions worth Rs.1,200 crore by investing in equity-index ETFs, large-cap technology stocks such as Apple, Amazon, Google, Netflix, Facebook and Microsoft, electric mobility like Tesla, commodity ETFs like gold, silver and oil and treasury ETFs.



    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more


    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

    Stories you might be interested in