Chipmaker Nvidia Corporation, which recently touched a $4 trillion market cap milestone, was the most traded US stock by Indian investors, topping both the buy and sell lists in the April–June period (Q2 2025), a report said on Wednesday.
Nvidia accounted for 6.4 percent of total buy volumes and 8.3 percent of total sell volumes, reflecting both profit-booking and continued buying interest, according to Vested Finance’s ‘Global Investing Behaviour Report.’
Meanwhile, Alphabet, the parent company of Google, recorded the highest net inflows and saw a 113 percent rise in unique investors during the same period on the Vested platform.
Tesla, Advanced Micro Devices (AMD), and Apple were among other innovation-focused names gaining traction in this period. Duolingo experienced a 2,255 percent jump in its investor base, while healthcare giants such as UnitedHealth Group and Novo Nordisk witnessed over 500 percent growth in their investor counts.
According to the report, retail investors in India responded to the US tariff shock and a volatile S&P 500 by doubling down on global investing in Q2.
The platform recorded a 20.47 percent quarter-on-quarter (QoQ) increase in buy volumes, while assets under management (AUM) surged by 35.4 percent QoQ and 140 percent year-on-year (YoY).
The second quarter also saw strong traction in ETFs.
“Investors leaned into diversification through funds like Invesco NASDAQ 100 ETF (QQQM), iShares Semiconductor ETF (SOXX), and Vanguard S&P 500 ETF (VOO), which saw investor counts rise by 131 percent, 101 percent, and 47 percent respectively,” the report stated.
Small-cap ETFs witnessed explosive growth, with iShares Russell 2000 ETF (IWM) rising by 622 percent, and the iShares Core S&P Small-Cap ETF (IJR) increasing by 222 percent.
There was also a clear tilt toward geographic diversification. As the US dollar weakened and central bank policies diverged, Indian investors explored opportunities in Europe, China, and Brazil via ETFs, the report added.
The report highlighted that Q2 wasn’t about chasing momentum; it was about disciplined re-engagement with the market.
Indian investors are building conviction-driven portfolios rather than merely reacting to news headlines, as sectors like healthcare, semiconductors, small-caps, and artificial intelligence (AI) gain prominence, and global exchange-traded funds (ETFs) continue to gain traction.
