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Buy shares in India?

  • 20-01-2009 6:18pm
    #1
    stainluss
    Registered Users, Registered Users 2 Posts: 867 ✭✭✭


    Can I buy shares in the BSE (Bombay Stock Exchange) through sharewatch?Is there a stock on this market that is just the average of the market?(ie. invest in this stock if you think the Indian Stock Exchange will grow as a whole?)Anyone know the name of this stock?


Comments

  • #2
    c4cat
    Closed Accounts Posts: 518 ✭✭✭c4cat


    stainluss wrote: »
    Can I buy shares in the BSE (Bombay Stock Exchange) through sharewatch?Is there a stock on this market that is just the average of the market?(ie. invest in this stock if you think the Indian Stock Exchange will grow as a whole?)Anyone know the name of this stock?

    I would buy into mutual funds that invest soly in india as many of the good ones are now trading at a discount to their actual net value


  • #3
    woodseb
    Registered Users, Registered Users 2 Posts: 876 ✭✭✭woodseb


    your best bet would be to buy an ETF that tracks India, ishares and lyxor both do them listed on european exchanges - think there's a few threads on here about how to buy them


  • #4
    MrMatisse
    Closed Accounts Posts: 1,743 ✭✭✭MrMatisse


    im fairly sure foreigners are not allowed to buy Indian shares directly.

    google, rediff business, its the main business website in India, includes stock information and discussion etc


  • #5
    DJDC
    Closed Accounts Posts: 365 ✭✭DJDC


    im fairly sure foreigners are not allowed to buy Indian shares directly.

    From India? The word foreigner isn't really used in Europe, not very PC.

    I'd avoid India for the moment. Cough*Accounting malpractices/corruption*Cough could start to dessimate confidence in their economy.


  • #6
    MrMatisse
    Closed Accounts Posts: 1,743 ✭✭✭MrMatisse


    No not from India, I don't really see what is not very PC about the word foreigner tbh.

    And if i was i would probably find your first sentence quite patronizing.


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  • #7
    Thomas_S_Hunterson
    Closed Accounts Posts: 6,151 ✭✭✭Thomas_S_Hunterson


    DJDC wrote: »
    The word foreigner isn't really used in Europe, not very PC.
    What are you talking about?


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