Indians bare their FAANG, love Tesla
While Tesla, Nio and Riot Blockchain were the top three most sought after US stocks for Indian investors, the FAANG stocks made up only 17% of the total stock investments on the Winvesta platform
MUMBAI : Indian investors continued to pile on US stocks despite income loss amid the covid-19 crisis. Over the past one year, shares of American electric vehicle (EV) companies, blockchain and lesser-known technology companies were preferred over the FAANG stocks, shows a report by fintech platform Winvesta.
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