Stockbroking platform Zerodha trading platform reportedly hanged on Monday morning with prices of stocks failing to update on the devices of several users.
Online platform Downdetector, which provides real-time information about the status of various websites and services, said user reports indicate Zerodha is having problems since 9:27 AM IST.
Many users took to Twitter to complain that the broker’s trading app Kite or site shows up errors on most days when there is a big stock movement.
#zerodhadown trended on Twitter within minutes as thousands of users took to the microblogging site to post screenshots of the issues they were facing.
“Zerodha get stuck everytime there is a major movement in stock market. Seems fishy as they stop 6 million account holders from trading. Who is benefitting from this ?,” a user said in a tweet.
Another user tweeted, “Zerodha and it's habit to down on big gap up and big gap down days.”
One of the worst trading app i have erver seen, there is always glitch in your system whenever market is trading. Pepole loosing there money due to your glitches, for what you are charging brokerages. #zerodhadown #sebi @zerodhaonline @SEBI_India @NSEIndia
— kshitij hande (@HandeKshitij) August 29, 2022
Thanks @zerodhaonline for doing it at every crucial time🥂#zerodhadown
— Shubham Dongare 🇮🇳 (@ShubhaMomentum) August 29, 2022
#zerodhadown #zerodhaZerodha and it's habit to down on big gap up and big gap down days 🤦🤦🤦Anyone facing the same 😓#stocks #Nifty #StockMarketindia
— Harsh (@PalorHarsh) August 29, 2022
This is the second time in a month that Zerodha’s platform was not working.
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