Groww, Zerodha, Angel One, Upstox get GIFT City nod for international investing
According to sources cited by MC, Indian brokerages Groww, Zerodha, Angel One and Upstox have received approval from GIFT City to offer international investing, including US stocks. The launch is expected in about 2–3 months, depending on readiness and testing. The move could broaden access for retail investors to overseas markets.
How this was made

The 30-second read
Why it matters
The key new element is the reported GIFT City nod for named brokers and the stated launch window (~2–3 months), but the text lacks financial impact, adoption expectations, or confirmed operational details.
Market read
Traders may view this as a positive catalyst for Indian retail brokers’ international expansion narrative, but actionability is limited until launch specifics and economics are disclosed.
What to watch
Execution risk (testing, operational readiness, compliance), competitive pricing, and whether customer demand materializes at scale could dominate outcomes more than the approval itself.
Background
The article frames a Moneycontrol exclusive that several Indian brokerage firms have received GIFT City approval to offer international investing, specifically US stock investing.
Ticker impact
Groww is included as receiving GIFT City approval for international investing, with US stock investing expected to begin in 2-3 months.
Likely limited immediate price impact until the launch is executed and customer adoption data emerges.
The article provides timing and regulatory framing only, with no measurable financial implications.
Market effects
If multiple major brokers receive GIFT City nods, it supports a broader shift toward cross-border retail investing products in India’s brokerage sector.
Could increase investor interest in Indian retail brokerage names as they prepare for US market access via GIFT City.
US stock access for Indian retail flows may marginally increase cross-border demand for US equities, though scale is not quantified here.
Counterpoint
Regulatory approval may already be anticipated; without confirmed launch dates, pricing, and adoption, the market may discount the news quickly.
Key entities
- regulatory/venueGIFT City
India’s GIFT City framework for enabling cross-border investing; the article says brokers received a nod to launch international investing.
- brokerGroww
Named as receiving GIFT City nod for international investing; US stock investing expected in ~2–3 months.
- brokerZerodha
Named as receiving GIFT City nod for international investing; US stock investing expected in ~2–3 months.
- brokerAngel One
Named as receiving GIFT City nod for international investing; US stock investing expected in ~2–3 months.
- brokerUpstox
Named as receiving GIFT City nod for international investing; US stock investing expected in ~2–3 months.



