SIC Global a Bangalore based brokerage to launch, India’s first mobile-based platform ‘Stockal’ to facilitate global investments for domestic retail investors.
About Stockal :
- This app aggregates, curates and analyzes information for more than 6000 stocks listed in US from various online sources such as analyst platforms, social media, news websites, blogs and discussion forums.
- This analysis is converted into signals and indicators that enable efficient decision making.
Key points :
- All resident individuals are allowed to freely remit upto $ 2.5 lakhs per financial year for any permissible current or capital account transaction or a combination of both under FEM (CAT) Amendment Rules 2015.
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