Zerodha app is reportedly down at this time, with a number of customers flagging glitches amid a market rally following the India-US commerce deal announcement.
On the time of writing, knowledge on Downdetector confirmed greater than 350 experiences concerning the Zerodha outage, with 42% from the web site, 32% from the cell app, and one other 26% about buying and selling performance.
As one person on social media platform X merely put: “@zerodha glitches.”
What did customers say? ‘Funds not displaying up, who will likely be accountable?’
One other person on X posted to draw the corporate’s consideration to the downtime. “What’s taking place? Funds are usually not displaying up after promoting my holdings! Repair it ASAP (sic).”
One other person additionally requested Zerodha to answer the assorted complaints and take accountability for the glitch.
CA Paras Kenia claimed this was a repeated situation with the app. “On a Massive day you failed. Who shall be held liable for this points. Chart settings modified. Cannot see positions accurately as costs are usually not up to date. Cannot take entry or exits. Zerodha I’ve seen on all such huge occasions or event this occurs (sic),” Kenia wrote.
One different person added, “Zerodha couldn’t place promote order. Will we be compensated (sic)?” And one person complained: “what’s Zerodha (doing?) since you misplaced virtually 50k at this time as a consequence of your incapacity to keep up correct servers (sic).”
One other wrote a sarcastic remark, “Zerodha servers taking place? Anticipated. Market opens with huge hole up or hole down? Much more anticipated. Excellent timing as all the time (sic).”
On the time of writing, Zerodha had not addressed the outage by means of its official social media accounts.
Please observe that this report relies on user-generated content material from social media. LiveMint has not independently verified the claims and doesn’t endorse them.
Markets rally amid India-US commerce deal
The Indian inventory market opened within the inexperienced at this time, with the important thing benchmark indices — Nifty 50 touching an intraday excessive of 26,341, up 1,253 factors inside a couple of minutes of the Opening Bell. The BSE Sensex additionally opened up and touched an intraday excessive of 85,871, with an intraday acquire of 4,205 factors within the early morning session.
Throughout the first quarter-hour of commerce, the rally translated right into a wealth growth of roughly ₹13 lakh crore for buyers. The whole market capitalisation of firms listed on the BSE vaulted to ₹468.32 lakh crore, reflecting the depth and breadth of shopping for throughout sectors.
Specialists famous that the beneficial properties got here because the affirmation of the India-United States commerce deal eliminated uncertainty for buyers and sparked optimism. Additionally they count on international institutional buyers (FII) to make a return to the Indian inventory market.
Notably, US President Donald Trump confirmed that reciprocal tariffs on Indian items could be decreased from 50% to 18%, following extended negotiations.
Disclaimer: This story is for instructional functions solely. The views and proposals made above are these of particular person analysts or broking firms, and never of Mint. We advise buyers to verify with licensed consultants earlier than making any funding selections.