Looking to invest in Indian stocks listed on the US stock market? Here are ten top picks that you may want to consider, based on their historical performance and reputation:
- Sify Technologies Limited is a Nasdaq-listed Indian company that offers information and communications technology solutions to clients in India and globally. The company launched its IPO in the US market in 1999 and is now considered one of the top Indian stocks in the US market.
- Infosys Limited, founded in India in 1981, has consistently been among the top-performing Indian IT stocks in both India and the US. The company launched its IPO in the US in 1999 and is currently listed on the New York Stock Exchange (NYSE).
- Wipro Limited, founded in India in 1945, is now among the world’s leading IT, consulting, and business process service providers. It is also one of the top stocks listed in the US today.
- HDFC Bank Limited is one of the leading banking stocks in India and one of the most trusted Indian companies listed in the US stock market. The company offers a wide range of banking and financial services to individuals and businesses across several countries outside of India, such as Hong Kong, Dubai, and Bahrain.
- ICICI Bank Limited is another leading private sector bank in India, founded in 1955. The company provides a wide range of banking products and services for both Indian and international clients. It launched its IPO in the US markets in 1999 and is now listed on the NYSE.
- Azure Power Global Limited is a pioneer in the sustainable energy space and has a notable presence as an Indian company. The company develops and operates grid-scale wind, solar as well as hybrid energy projects. In the US markets, it is listed and traded on the NYSE.
- Tata Motors Limited is among the world’s leading automobile companies. It designs, develops, manufactures, and retails vehicles, with some of its most popular products sold under popular brands like Tata, Harrier, Fiat, Safari, Altroz, Nexon, Punch, Jaguar, and more. In the US stock market, the company is listed on the NYSE.
- Dr. Reddy’s Laboratories Limited, founded in 1984, operates as an integrated pharmaceutical company across various countries. The company is now listed on the NYSE and is one of the top Indian stocks in the US markets.
- Yatra Online, Inc., headquartered in India, is among the pioneers in the online flight and hotel booking sector. It is also among the top Indian companies listed in the US stock markets and trades well on the Nasdaq exchange.
- MakeMyTrip Limited, also in the same industry as Yatra, was more recently listed in the US stock market compared to the other companies on this list. It launched its IPO in 2010 and is now traded on the Nasdaq.
Remember to perform a thorough fundamental or technical analysis before investing in any of these companies. Keeping track of the performance of these companies in India is also recommended to stay aware of any major news that could affect their share prices in the US markets. With Fi Money, you can invest in stocks listed on American stock exchanges without being charged any extra commission or brokerage, in real-time.