Zerodha News

Zerodha co-founder and CEO Nithin Kamath recently took to social media to warn users about a new scam that could potentially drain their bank accounts. 

From beginning his career with a call centre job, while also engaging in equity trading on the side, Kamath in 2006, became a sub-broker. In 2010, Kamath co-founded Zerodha, a brokerage firm, along with his brother Nithin Kamath.

Ahmedabad and Mumbai account for 80% of equity delivery trades, shared Nitin Kamath in his stock market analysis.

Groww became the first stock broker in the country to cross 1 crore active investors earlier this calendar year. As of October, Groww's active stock investor base stood at 1.2 crore.  

Zerodha's total current assets under custody, which include all assets held in its demat accounts, amount to Rs 5.66 lakh crore.

He also suggested choosing insurers with a network of 5,000-8,000 hospitals and an incurred claim ratio of 55-75 per cent.

Realised profits refer to the gains made by investors when they sell securities at prices higher than their purchase prices.

In its latest draft circular, SEBI suggested that it should be made mandatory to ensure that stock brokers segregate client's securities so that they are not at risk of being misused.

This initiative focuses on individuals who have the potential to revolutionise their industries through creative ideas and compelling visions.

Zerodha's Nithin Kamath shared a post on X. He shared the challenges faced while working from home. Zerodha is one of the firms that has asked employees to return to office.

He humorously remarked that “My parents had given up on me. It felt like they had lost hope.”

The entrepreneur expounded on the concept of health in a subsequent post.

Drug abuse, trauma or brain injury, autoimmune disorders, and infectious diseases are other reasons that result in strokes among young and fit persons.

Nithin Kamath wondered why a person who's fit and takes care of himself could be affected like this. 

The glitch briefly hindered some traders from executing their orders and other problems, such as orders not exiting on the app.

Nikhil Kamath's success story is a testament to the power of passion, innovation, and defying convention.

Complaints flooded social media with some users expressing frustration over issues with order placement and the inability to close positions.

The video, reminiscent of a Bollywood masala movie, featured rowdy police officers, frenzied reporters with cameras, perplexed employees, and even an individual donning a helmet to conceal his identity from the "police."

Frustrated users expressed their inability to log in due to the glitch, questioning the repeated problems on crucial days.

Pig butchering scam is a deceptive scheme of the digital world. Many Indians fall victim to the trap at the global level. Kamath shared some tips for Indians to protect themselves against the scam.