Business

Zerodha Outage: Users Seek Accountability For Losses

Zerodha trading platform experienced a temporary freeze, leading to complaints from users on social media. Due to this outage, stocks such as India Cement, which were no longer restricted under the F&O ban, were incorrectly displayed as still under the ban.

This resulted in orders being unable to be placed for a period until the trading platform resumed its functionality.

The platform encountered another technical issue on June 3, coinciding with the surge in domestic benchmark indices following exit polls that suggested a potential third term for PM Modi’s government in the Lok Sabha elections.

Users took to social media platform X (formerly Twitter) to express their frustrations, sharing lengthy threads detailing their grievances, venting in extensive posts, and engaging in discussions that spanned across multiple paragraphs.

Zerodha is India’s biggest stockbroker offering the lowest, cheapest brokerage rates for futures and options, commodity trading, equity, and mutual funds.

Aparajita Sambhaw

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