- 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- Users reported delays, frozen positions, and outdated prices causing trading losses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Other users also described delays in trade execution, frozen positions, and outdated prices in the first trading hour, leading to losses. Similar outages hit Groww and Angel One, per Downdetector spikes.
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.
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