Arunkumar Ganesan, MD & CEO, India INX Global Access IFSC Ltd., said “Active participation has been seen in some of the major securities like, Alphabet Inc., Amazon.Com Inc., Apple Inc., Alibaba Group Holding-Sp ADR, Bank of America Corp, Berkshire Hathaway Inc., Citigroup Inc., Hewlett Packard Enterprise, JPMorgan Chase & Co., Meta Platforms Inc., Microsoft Corp., Nestle SA, Netflix Inc., Nike Inc., Nomura Holdings Inc.-Spon ADR, Tesla Inc., Twitter Inc., VanEck Russia ETF and Walt Disney Co. We have recently seen a lot of trading in VanEck Russia ETF, a fund that seeks to replicate the price and yield performance of MVIS Russia Index an Index which is designed to measure the performance of the large and mid-cap segments of the Russian market."
"Further, India INX Global Access has also tied up with Sova Capital to facilitate trading flows onto Moscow Exchange. India INX Global Access platform which provides an easy and convenient manner to transact and invest in global securities is becoming the preferred platform for resident individuals under the LRS route,” he added.
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