India's major investment platform expands its US stock channels as investors seek opportunities in technology stocks

According to Cointelegraph, several major investment platforms in India are expanding their channels for investing in U.S. stocks to meet the growing demand for overseas asset allocation among local investors.

The report states that the relatively weak performance of the domestic stock market, the depreciation of the rupee, and the lack of sufficient AI-related listed companies in the local market are driving Indian investors to seek investment opportunities in U.S. tech stocks.