The interest in investing in the US stock market has surged in India. The US markets have outperformed the Indian markets in the last decade. Their resilience in the current pandemic has made Indian investors take notice and start diversifying their portfolio internationally.
In these challenging times of lockdown and quarantine, everything around us is at a literal standstill, including our stock market. It’s not a surprise that the Indian markets are currently witnessing massive volatility due to the Covid-19 pandemic. Many of us now wish they had diversified their portfolio, or are looking for efficient ways to diversify it now.
If you are an Indian investor, you have probably identified that you need to diversify your investments and invest globally. You want to invest in companies whose products you consume, whose services you use. You’ve seen the phenomenal returns delivered by the tech giants, and you want in on the action.
China is the world’s second biggest economy behind the US. It is the world’s largest importer of crude oil, largest automobile market and the largest smartphone market. It has been the biggest contributor to the global growth in the last decade.
Firstly and most importantly we hope that you and your family are safe. Now to the financial markets. Is this over? No idea. Is this worse than previous sell-offs? Not sure but comparisons with previous crises’ don’t tend to matter so much in the midst of a crisis.
In a major boost for Indian students, the UK government announced a new two-year post-study work visa from 2020-2021, expanding opportunities for talented international students to build successful careers in the UK.