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Zerodha faces investor fury after stock exchange glitch Nithin Kamath, CEO and co-founder of zero-brokerage stock trading platform Zerodha 2 min read Abhirup Roy, Outage at NSE led to losses for traders Share Via Read Full Story MUMBAI : India s largest brokerage Zerodha is facing a backlash from traders who saw their equity positions abruptly closed during an exchange glitch, amidst criticism that a lack of communication from the country s top bourse caused losses. The National Stock Exchange (NSE) suddenly shut down for nearly four hours on Wednesday, blindsiding traders. As the NSE did not swiftly update whether, and when, it would reopen, brokers began closing intra-day equity positions on another exchange later, leading to sharp losses for some investors.

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