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 co-founder Nithin Kamath in a post on X pointed to a significant barrier to solar adoption among urban Indians: the lack of viable solutions for those without roof space, such as apartment dwellers or renters. “Today, if you want to install solar panels but don’t have the necessary roof space, there’s no solution,” Kamath … Read more
Zerodha co-founder Nithin Kamath in a post on LinkedIn has flagged the surge in sales of Unit Linked Insurance Plans (ULIPs). “While ULIPs promise the best of both worlds—investment and insurance—the reality is they offer the worst of both,” Kamath wrote, noting that the surge in ULIP sales is primarily driven by banks due to … Read more
Zerodha co-founder Nithin Kamath has always batted for bonds as the right stepping stone for most Indians investors. Bonds so far have been an HNI product but that changed from today. To enhance the participation of retail investors in the corporate bond market, Sebi decided to cut the face value of such debt securities to … Read more
Nithin Kamath on Friday said the popular narrative that retail investors are clueless may not be fully accurate. According to Kamath, equity investors on Zerodha are sitting with higher overall notional gains than equity mutual fund investors. “Maybe the popular narrative that retail investors are clueless and “gambling” isn’t fully accurate. That’s because you would … Read more
Paying his respects to Charlie Munger, Zerodha Founder, and Chief Executive Officer Nithin Kamath on Wednesday said that Munger’s ideas had a tremendous influence on him.Munger was the Vice Chairman of Berkshire Hathaway, a conglomerate run by Warren Buffet. He passed away on Tuesday at the age of 99 in a California hospital.”I had written … Read more
NEW DELHI: Billionaire Nithin Kamath, who owns and runs India’s largest stock broker Zerodha, on Friday said the decision of Reliance Industries (RIL) to announce the cost of acquisition for Jio Financial demerger on ex-date might have helped in better price discovery. “Companies normally take time, even after ex-date, to announce COA (cost of acquisition). … Read more
Cyber risk has snowballed into one of the biggest financial threats in the current times where artificial intelligence (AI), crypto and metaverse are the buzz words. Nithin Kamath said a simple two-factor authentication reduces the odds of being a victim of cyber fraud significantly. Under the two-factor authentication, the first factor in a login is … Read more
SGX Nifty, the Singapore Exchange-traded futures on Nifty 50 Index, turned to GIFT Nifty on Monday. Accordingly, all the open positions in SGX have been shifted to Gift City. Nithin Kamath said the shift will add momentum to GIFT City becoming a true international financial centre. “If we could also find a way to allow … Read more
“So what happens is if you be it the VC investing or be it the start-up building a business if you are doing it with the wrong expectations outcomes would not be right,” says Nithin Kamath, CEO, Zerodha.Why are some of the start-ups not doing well?While a lot of questions are being asked about the … Read more