Will be corrected by big players in seconds. I can take screenshot of futures and synthetic futures at any point of time and prove pricing matches all the time.
do you think it will cross 25K+ today ?
Didn’t futures drop in the first minute today to catch up with spot though?
Personally, have not been very bullish on Indian markets for the last many months. Before COVID, the markets had poor price structures due to poor pool of liquidity and we are back at it again.
I’m actually eyeing some fantastic global companies, but there’s only Vested for now so will wait for Zerodha’s global offering and then take a call where should I invest.
Relative movement-wise Fut in the 1st minute were close to where it should have been considering where market went in the 1st minute
ibkr, Indmoney?
They say next quarter. So expect it only by December.
This investment is consider under LRS so when I sell it and reinvest does the same amount reduce from 2,50,000 USD LRS limit per FY.
Seems to me like, This is not due to war. this is just NIFTY trying to reach it’s fair value.
Any money going out of the country is LRS in this context. What you do while it is out is upto you and doesn’t interfere with the LRS calculations. Only what’s going cross border.
Keep the money parked in a USD account so that you money keeps growing due to INR deprecation (which WILL accelerate in this decade and the next, make no mistake).
Thank you for the suggestions. I have tried them but can only trust Vested or Zerodha.
Plus Vested and Zerodha is user friendly and simple.
Why?
IBKR is well recognized.
Yes they are. Even Kotak has tied up with them, but it is a bit complicated from my POV. The platform navigation is scattered, and they have huge fees. Forex transfer costs a fortune.
On Vested, if you transfer even 10,000, there are no major costs involved and you get the best forex rates because they are working with banks here such as IDFC FIRST Bank, ICICI Bank and Kotak Bank, as well as in the US with Deutsche, BoFA.
Vested seems nice but still interested in what Zerodha will offer.
Use UPI for Forex. You’ll get best rates like marup of 20p or even 10p.
I checked Vested plans… doesn’t seem cheaper than ibkr: US Stock Brokerage Charges & Pricing for India | Vested
wait for 2 month zerodha launching
I can bet 1 lot it’s not gonna happen by end of Apr 2026
Also, RBI might not be keen on money moving outside…so they might choose to shut down.
@BB789 no , that’s different - through LRS no problem for retail - junk money like AMC mutual fund is problem
For now… yes. What happens when NIFTY hits 18k? SEBI/RBI:“Retailers need saving…They’ll lose money in foreign markets. We need to stop this…”
Saviors of retail may put a stop to this.
It will. It will. Have patience. Let retailers panic a little more.
