Business

Zerodha encounters technical glitches once again, company says issue resolved within an hour

Zerodha, the discount brokerage firm, faced technical glitches but managed to resolve the issue within an hour. This incident marks the second time in a month that the platform has experienced such technical challenges.

Coincidentally, this disruption occurred on a historic day for the Indian stock market indices, Sensex and Nifty 50. These indices reached record highs following a remarkable rally fueled by the BJP’s victories in three out of four state assembly elections.

Also Read

CLSA’s big India bets include Axis Bank, Bharti Airtel, Hindustan Unilever, ICICI Bank, SBI, Zomato, Paytm

Zerodha promptly acknowledged the issue, informing users of login difficulties on the Kite web platform through a statement on the social media platform ‘X’ (formerly Twitter). The firm assured users that they were actively investigating the problem. In the interim, Zerodha recommended users to log in using the Kite mobile app.

Dozens dead, including 11 from same family, in latest Israeli strikes: How many have been killed in Gaza so far?
Stree 2 salaries: Shraddha Kapoor was paid Rs 5 crore for the film – Here’s how much Rajkummar Rao, Pankaj Tripathi, and others charged for the horror comedy
Burn a hole in your privacy? Inside Meta’s ‘Pay or Consent’ model
Bangladesh unrest: Students stage ‘Long March to Dhaka’; govt orders complete internet shutdown, curfew imposed

This incident follows a pattern of technical challenges for Zerodha in recent months. In November, users encountered issues as they were unable to view executed orders in the order book. The brokerage swiftly addressed and resolved the problem on the same day.

Also Read

State election outcome fuels optimism for a new bull phase in the market

Similarly, in October, the Kite platform faced a comparable glitch, which was successfully resolved by the brokerage firm. Zerodha’s users are advised to stay updated with the firm’s communications as they work to rectify the current technical issues, ensuring a smooth trading experience for their clientele.

Related Posts

VPbet Pakistan: Free Games vs Real Money Games, Exclusive Offers

Welcome to VPbet, the ultimate online gaming platform in Pakistan, where players can immerse themselves in a thrilling world of casino games, card games, and sports betting. Whether…

Lightspeed L.A. signs with SAG-AFTRA, agrees to AI protections for performers

Lightspeed L.A. and performers union SAG-AFTRA have just announced the studio will produce the upcoming open-world adventure Last Sentinel using union talent under the organization's Interim Interactive Media…

Sony shutting down PlayStation Mobile

Sony said last week that PlayStation’s foray into the realm of mobile games, PlayStation Mobile, would be discontinued. This means that PSM games will no longer be distributed…

New Steelbook Edition Of Blumhouse's Halloween Trilogy Is Exclusive To Walmart

Blumhouse’s trilogy of Halloween movies are getting bundled together into one deadly collection, and it’s now available to preorder at Walmart for $50. While a 4K collection already…

Destiny 2 Speleologist God Roll Guide

The final act of Destiny 2’s first content episode, Echoes, brings a refresh to both its activities and your arsenal. Speleologist is a new Solar machine gun that…

After Huge Success With Mark Wahlberg's Spenser Confidential, Director Peter Berg Signs Netflix Deal

Director Peter Berg has signed a deal with Netflix for new live-action movies and TV shows. This is a “first-look” deal, which means Netflix gets first right of…