Dollar to Rupee Future Forecast

Investing in US stocks has always been a dream for Indian investors & National Stock Exchange (NSE), on March 3rd, 2022 NSE finally facilitated this service. The NSE has launched a wholly-owned subsidiary of NSE International Exchange called “ NSE International Financial Service Centre”   ( NSE IFSC ). The facility currently allows the Indians to invest in the stocks of 8 companies and has the plan to be expanded to 50 companies later. FUNCTIONALITY: The units of the investment on the NSE IFSC are “ Depository Receipts ” which are  unsponsored  in nature. Depository Receipts (DRs) are basically a kind of a part of a share & usually 5 to 200 unsponsored DRs adds up-to a share value, depending upon the company. Ø  Sponsored DRs:  When a company directly offers DRs to the investors, they are known as sponsored DRs. The holders of the sponsored DRs are entitled for every corporate benefit like ‘Dividend’, ‘Bonus Shares’ etc.   Ø  Unsponsored DRs: ...