Indian stock markets, including equity, derivatives, and SLB segments, remain open today for trading on Eid-e-Milad-un-Nabi. It is however a settlement holiday and as such no settlements happen today, said Nithin Kamath, founder of online brokerage platform Zerodha in his post on the social media platform X. “Today is a settlement holiday, and thus, settlements … Read more
Zerodha chief Nithin Kamath on Tuesday said the proposed changes by market regulator Sebi to clampdown the frenzy of derivatives trading won’t really have an effect on reducing options volumes. Sebi floated a consultation paper that suggested a series of measures to protect retail traders and enhance market stability. “The suggested changes, even with the … Read more
The equity boom in Indian markets meant that lakhs of investors entered the investing arena, particularly post the pandemic era. This is reflected in the fact that equity investors have realized a profit of Rs 50,000 crore over the last four years and are sitting on unrealized profits of Rs 1 lakh crore on an … Read more
As the markets surged to new highs, India’s second-largest broking platform, Zerodha, experienced a technical glitch this morning. Its website, kite.zerodha.com, became inaccessible. The Zerodha website displayed the error message ‘503 Service Unavailable. No server is available to handle the request.’ Traders on X (formerly Twitter) reported that the trading platform was not functioning even … Read more
Brokerage firm Zerodha’s CEO Nithin Kamath today shared insights on the debate between investing in active or passive funds. Kamath, speaking on X, said “It’s getting increasingly harder for active funds to outperform their benchmarks.” “It’s a no-brainer to opt for low-cost index funds as the core of your portfolio. You can complement that with … Read more
Facing social media backlash over a series of technical glitches in the last few months, Zerodha Co-founder and CEO Nithin Kamath said it is impossible for such tech companies to have zero glitches. “We deeply regret the incidents that happened this year and needless to say, we strive and work round-the-clock to minimize the probability … Read more
