Upstox launches a new investing feature that lets users trade US stocks and provides access to more than 8,000 listed stocks and around 2,000 ETFs. The company also enables funding from supported Indian bank accounts in rupees, which are automatically converted into US dollars for trading.
The rollout expands Upstox’s wealth management offering beyond its existing focus on Indian equities, derivatives, mutual funds, IPOs and insurance. The service covers major global companies including Apple, Tesla, Amazon and Google, according to outlet reports. Different coverage emphasizes different parts of the same announcement: Times of India highlights the rupee-to-dollar funding and conversion process, while Business Line and NDTV focus on the size of the US stock and ETF catalogue and the addition to Upstox’s broader product lineup.
