The Zerodha Kite app, India’s most widely used trading platform, faced disruption on Tuesday during peak market hours, leaving lakhs of traders stranded. Reports on social media showed that watchlists displayed stock prices as “0.00”, orders were not executing, and indices like Nifty 50 and Bank Nifty froze entirely.

Users expressed anger, with many demanding compensation for losses incurred. One trader posted, “Zerodha is down again during the most crucial time. How are we supposed to manage trades?” Another sarcastically added, “Nifty zero ho gaya!”.

 

 

 

 

 

 

The outage, which occurred shortly after markets opened, comes at a time of heightened volatility. Zerodha, founded in 2010, has grown to become India’s largest stockbroker, with over 1.3 crore active clients and millions of daily trades. Its Kite platform handles some of the highest retail trading volumes on NSE and BSE.

This is not the first time the platform has gone down during trading hours. Past episodes, often coinciding with derivatives expiry sessions or high market volatility, have drawn sharp criticism from traders who rely on Zerodha’s low-cost platform for intraday positions.

As of now, no official clarification has been issued by Zerodha regarding the cause of the disruption. The recurring technical glitches, however, raise concerns over the robustness of trading infrastructure at a time when retail participation in Indian markets is at an all-time high.

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