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India’s NSE to Introduce Trading in Select U.S. Stocks Via Unit

The National Stock Exchange of India Ltd. building in Mumbai, earlier in April.
The National Stock Exchange of India Ltd. building in Mumbai, earlier in April.Photographer: Dhiraj Singh/Bloomberg

India’s National Stock Exchange of India Ltd. said it will start trading in select U.S. stocks through its wholly-owned subsidiary, NSE IFSC.

“The offering will be in the form of unsponsored depository receipts,” the National Stock Exchange said in a statement Monday. “NSE IFSC will announce the operational details shortly and will launch the product at the earliest possible time.”