Can I buy Reliance share for long term?
Purchasing Reliance Industries stock directly from the USA can be complicated because it is primarily listed on Indian stock exchanges (NSE/BSE). While some brokerage platforms may provide access to international trading, most standard U.S. retail brokers do not offer direct trading on these exchanges. Investors in the U.S. often gain exposure to Reliance through specific India-focused Exchange-Traded Funds (ETFs) or mutual funds that hold the stock as part of their portfolio. Some full-service global brokers may allow eligible investors to open an international trading account to trade Indian stocks directly, but this process often involves complex regulatory compliance, currency exchange, and tax reporting requirements. If you are interested in Reliance, check if your brokerage offers a "Global" or "International" trading feature that supports the Indian market.
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