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.”
This is the second time in a month that Zerodha’s platform was not working.
