Online brokerage firm Zerodha’s Chief Executive Officer (CEO), Nithin Kamath, in his recent social media post on platform X, explained the depository participant (DP) charges that companies impose on stock market investors when they sell their holdings. Nithin Kamath said that every time an investor or trader sells their holdings, the Depository Participant (DP) is…
Online brokerage platform Zerodha’s Chief Executive Officer (CEO), Nithin Kamath, in a recent social media post, explained how the Reserve Bank of India’s (RBI) new lending rules for broking companies will impact the stock market investors. In the case of Zerodha, Nithin Kamath explained that this update from the central bank will not have any…
Reacting to the government’s move to raise the Securities Transaction Tax (STT) on futures and options (F&O), Zerodha co-founder and chief executive officer Nithin Kamath said, “If you think the Indian markets are speculative, the US markets will blow your mind.” In a post on The Indian entrepreneur’s remarks come after Finance Minister Nirmala Sitharaman…
Silver rate today: Silver ETFs extended losses for the third straight session as the historic slide in precious metals intensified across domestic and global markets. The sharp correction in bullion prices has spilled over into exchange-traded funds, eroding gains that had built up over an extraordinary rally in the past year. Among the hardest hit…
The recently-announced increase in the Securities Transaction Tax (STT) by Finance Minister Nirmala Sitharaman during the Budget presentation for the upcoming fiscal could be counterproductive if the government intends to curb speculative activity in futures and options (F&O), according to Nithin Kamath, founder and chief executive of Zerodha. In a post on social media platform…
The Indian stock exchanges- the BSE and the NSE- are closed today, i.e. Thursday, January 15, due to a public holiday in Maharashtra for local body elections. While holidays are a routine administrative decision, fairly on expected lines, Zerodha’s Chief Executive Officer (CEO), Nithin Kamath, believes the stock market holiday for the local municipal election…
Silver prices delivered one of their sharpest and most volatile moves in recent history on December 29, prompting Nithin Kamath, co-founder and chief executive officer of Zerodha, to caution that while such swings may appear ideal for traders, they can quickly turn into a nightmare. Silver prices gyrated sharply on Monday. The white metal plunged…
