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
Zerodha Co-Founder Nikhil Kamath has alerted investors about not being part of any WhatsApp group that gives stock recommendations. The Indian entrepreneur shared a picture on his official X handle saying that it was not him and called it a “Scam“. Kamath’s tweet came after a social media post did a round in his name … Read more
Nearly 43 lakh new demat accounts were added in February taking the overall tally to 14.80 crore accounts according to estimates by Motilal Oswal. Meanwhile, the average monthly additions were 21 lakh in FY23. Central Depository Services (India) Limited continued its market dominance gaining market share in February 2024 in terms of the total number … Read more
Traders on India’s second largest broking platform Zerodha on Monday were hit by a technical glitch in the morning which was resolved later on. Affected traders were seen asking for compensation for the loss on social media. “Due to a connectivity issue, some of our users were intermittently facing issues with order placement on Kite. … Read more
Discount broking platform Groww, which has gradually become the No.1 stock broker in India with 21% market share by beating Zerodha, on Tuesday faced a technical glitch on its trading app which was resolved later on.“We apologize for the inconvenience. Our team is addressing a technical issue and working to resolve it promptly. Your patience … Read more
Zerodha Fund House on Wednesday announced a new scheme and India’s first growth liquid exchange-traded fund (ETF)—Zerodha Nifty 1D Rate Liquid ETF. The fund is expected to be listed on the NSE and BSE exchanges by January 24. The Zerodha Nifty 1D Rate Liquid ETF replicates the Nifty 1D Rate Index, which measures the returns … Read more
For Dalal Street, the year 2023 was like one of filmmaker Karan Johar’s movies, filled with multi stars and bundles of emotions. Try rearranging the words in one of his famous movie titles “Kabhi Khushi Kabhi Gham” and that’s how the mood on Dalal Street was in 2023. The year started on a negative note … 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
A technical glitch at discount broking firm Zerodha Broking saw its users facing issues with logging into the Kite mobile application, but the same has been resolved now, the broking firm said in a tweet. “Some of our users were facing issues with logging into Kite web and adding instruments to the marketwatch. These issues … 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