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Can an NRI trade in F&O?

Yes, NRIs can trade in Futures and Options (F&O) on Indian stock exchanges through NRO Non-PIS accounts. They must open a trading and demat account with a SEBI-registered broker and fund it via their NRO bank account. While PIS is not required for F&O, all trades must comply with RBI and SEBI regulations, and intraday equity trading remains restricted.

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