Eid-e-Milad-un-Nabi a settlement holiday, but Zerodha allows trading, says Nithin Kamath

Eid-e-Milad-un-Nabi a settlement holiday, but Zerodha allows trading, says Nithin Kamath

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

India overtakes Hong Kong to become fourth-largest stock market

India overtakes Hong Kong to become fourth-largest stock market

A bronze replica of the Charging Bull of Wall Street, inside the premises of the Bombay Stock Exchange (BSE) in Mumbai. File photo | Photo Credit: REUTERS The Indian stock market has pipped Hong Kong to become the fourth-highest equity market globally, Bloomberg reported. The combined value of shares listed on Indian exchanges reached USD … Read more