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Zerodha founder Nikhil Kamath has flagged concerns over the closure of Indian stock market exchanges on January 15, after trading was suspended due to municipal corporation elections in Maharashtra. Commenting on the decision, Kamath questioned the planning behind declaring a market holiday for the local civic election. “Indian stock exchanges are closed today for Mumbai’s…
MUMBAI: Most tech-driven financial services platforms faced outages during Friday’s high-intensity late session due to tech-glitch at Cloudflare, one of the companies that runs the internet globally. Traders in India faced issues with trade execution and cancellations on a day when the RBI policy and weekend considerations led to higher trading intensity than most other…
Zerodha founder and CEO Nithin Kamath cautioned retail investors against blindly chasing opportunities in India’s unlisted market, which is currently experiencing a surge in speculative activity. In a post on X Friday, Kamath said the ongoing IPO boom has fueled what he described as “phenomenally stupid” behaviour, with buyers eagerly seeking pre-IPO shares in hopes…
