I am an indian citizen residing in United States for past 9 years. I have an NRE (Non-Resident External) bank account with ICICI Bank and this account has been approved under as a PIS account as per RBI guidlines. I opened this account with ICICI Bank with the sole purpose of trading stocks in India. Now to be able to trade in indian stock exchanges, I need to open demat and trading accounts with an offline broker. I tried to loook up websites of sharekhan, India Bulls, HDFC securities and Kotak and all of them seem to have tie ups with Axis bank or HDFC bank for the PIS account.
will icici stock go up at the end of the year?