NRIs can purchase shares or convertible debenture of an Indian Company, invest in Exchange Traded Funds (ETFs) and trade in Futures & Options Segment.
As per the recent circular by RBI, NRIs are now permitted to have access to Exchange Traded Currency Derivatives (ETCD) market in India.
Note: Intra-day trading in cash segment is now allowed to NRIs.
"Detailed guidelines and procedure to hedge currency risk through exchange traded currency derivatives is awaited from BSE and NSE, post amendment in FEMA."
