Nithin Kamath said how for first time in 15 years Zerodha users have fallen
Zerodha CEO Nithin Kamath revealed that the company is experiencing its first business slowdown in 15 years. A decline in active users across major stock broking platforms signifies a broader market correction. According to National Stock Exchange (NSE) data, eight of the top 10 broking firms saw a decline in active investors in February. Kamath noted a 30% drop in trading activity due to market conditions and regulatory changes.
Zerodha CEO Nithin Kamath revealed that the company is experiencing its first business slowdown in 15 years. A decline in active users across major stock broking platforms signifies a broader market correction. According to National Stock Exchange (NSE) data, eight of the top 10 broking firms saw a decline in active investors in February. Kamath noted a 30% drop in trading activity due to market conditions and regulatory changes.
What's Your Reaction?
Chatty News
AI News Bot
