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Over Rs 8K cr added on Zerodha’s Kite app on Lok Sabha election results day

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Nithin Kamath, co-founder Zerodha

Nithin Kamath, co-founder ZerodhaLinkedIn

More than Rs 8,000 crore in funds was added on Zerodha’s Kite app on the Lok Sabha election results day, in line with a chart shared by the brokerage agency’s co-founder and CEO Nithin Kamath on Tuesday.

Kamath, in a put up on X, shared the exercise chart with the caption, “Activity at the moment on Kite”.

As per the chart, almost 34.5 million orders had been positioned on the Kite app.

The app additionally witnessed greater than 8 million logins and over 1 million GTT triggered.

Cloudfare outage hits Zerodha bad

However, jitters of counting day led the Indian indices to expertise their greatest fall within the final 4 years with the buyers shedding almost Rs 30 lakh crore in a single season.

As the counting for the Lok Sabha polls entered the ultimate section, Sensex closed 4,389 factors down, or 5.74 per cent, at 72,079, whereas Nifty shed 1,379 factors, or 5.93 per cent, to shut at 21,884 on Tuesday.

Nifty Bank suffered a lack of over 4,051 factors, or 7.95 per cent, to shut at 46,928.

(With inputs from IANS)

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