Anyone here investing in Indian stock market? Is it a good idea to transfer dollars back home and investing in BSE/NSE.

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In India even the watchmen and Paanwalas are talking about the stock market. that's when you know this bull run is going to end

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And if you plan to bring the money back, currency depreciation will negate most of your gains

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Mutual Funds is the way to go.

Most banks don't allow you anymore, unless you show proof of residence in india.

If your status is NRI then you can't invest in 🇮🇳 stock market

Yeah open a nri or nre account and invest away! Though currency depreciation might affect your gains in a positive or negative way. I do know there is a specific account where you send money in dollars and it stays in dollars but you get interest in rupees.

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