Indian investors can now buy shares and exchange-traded funds listed across seven European markets through NSE International Exchange's global investment platform in GIFT City. NSEIX Global Access IFSC Limited announced the expansion on Thursday, November 12, extending the platform beyond its existing US market offering.

Source: The Hindu BusinessLine

The seven markets are the United Kingdom, France, Germany, Ireland, Italy, the Netherlands and Switzerland. The expansion is being offered through NSEIX Global Access IFSC Limited, a GIFT City-based subsidiary of NSE International Exchange.

Source: ANI via Daily Prabhat

11,500+Securities now accessible
8,200+UCITS ETFs included
7European markets added

The expanded investment universe includes more than 11,500 securities, of which over 8,200 are UCITS ETFs, accessible through a single integrated account, according to the exchange. UCITS is the European framework for regulated investment funds sold across the European Union and beyond.

NSEIX Global Access IFSC Limited is a wholly owned subsidiary of NSE International Exchange and is India's first entity registered as a Global Access Provider under the regulatory framework of the International Financial Services Centres Authority (IFSCA), the exchange said.

The move is the platform's second step outward this month: it had earlier moved to extended trading hours in early November. For Indian retail investors, the European expansion widens the menu of overseas shares and funds that can be held through a GIFT City account instead of separate foreign brokerages.