- Zerodha app faced glitches during a sharp market rally after US-India trade deal news
- Users reported delays, frozen positions, and outdated prices causing trading losses
- Downdetector showed Zerodha downtime around 9:00 a.m., no official statement issued
Zerodha app glitched amid a sharp rally in Indian markets on Tuesday, following US President Donald Trump's announcement of a trade deal with India that cuts reciprocal tariffs on Indian imports to 18% from 25%.
The issue was flagged by several Zerodha users with Redbox Global India taking to X to highlight major losses faced by several users as they couldn't complete their trades in time on the low-cost brokerage app.
Other users also described delays in trade execution, frozen positions, and outdated prices in the first trading hour, leading to losses.
A user Doozer Daily wrote, "Glitches on a 'big day' like this are unacceptable. When markets rally after a landmark India‑US trade deal, retail investors can't afford their broker to freeze. Zerodha must invest in stronger infra—low‑cost brokerage shouldn't mean high‑cost losses."
Namra Patel wrote, "Zerodha & Groww both freezed between 9:15 & 9:20 today. I use these apps. Its a shame that investors & traders are left helpless. Many wouldn't have booked positions as gap in 5 mins was massive from previous open. Total thugs deliberately looting through finding loopholes. [sic]"
Downdector showed that there was indeed a downtime on Zerodha at around 9:00 a.m, though the brokerage platform has not issued any statement in this regard yet.
Zerodha Glitch
Photo Credit: (Photo: Downdetector)
Stock Market Today
Stock market benchmark indices Sensex and Nifty surged in early trading session on Tuesday after India and the US agreed to a trade deal under which Washington will bring down the reciprocal tariff on Indian goods to 18% from the current 25%.
Adani Ports, Bajaj Finance, Eternal, Bajaj Finserv, InterGlobe Aviation and Reliance Industries were trading sharply higher. ITC was the only laggard in the blue-chip pack.
The textile and apparel industry has emerged as the biggest beneficiary of the US-India trade deal, with several stocks hitting upper circuits. Shares of Gokaldas Exports jumped 20%, while Indo Count Industries, Kitex, Pearl Global, Himatsingka Seide, SP Apparels, and KPR Mill all rallied 20%, hitting their respective upper circuits. Trident also gained nearly 20% while Vardhman Textiles rose 18.06% in strong trade.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.