Zerodha's Kite suffers technical glitch, users complain on X
A number of users of brokerage firm Zerodha took to X, complaining about the technical glitch related to order placement, with orders not being executed and other problems, such as orders not exiting on the trading platform Kite.
A number of users of brokerage firm Zerodha on Tuesday took to X, complaining about the technical glitch related to order placement, with orders not being executed and other problems, such as orders not exiting on the trading platform Kite.
According to the outage monitoring website Downdetector, about 111 reports were registered, largely from Nagpur, Mumbai, and Delhi.
About 73 per cent of users had issues with trading, 28 per cent had problems with the website, and 3 per cent had issues with login.
Users turn to X to went out their frustration when they were not able to trade due to the glitch.
"#zerodha where is trade ... Executed but not showing in position," a user wrote.
"Again, Glitch in #Zerodha..... Order Executed .... but Trade not showing in Position section," another user said.
One more user held Zerodha accountable for the losses, stating, "Because of Zerodha's server issue, my positions haven't been visible for 10 minutes, causing me losses. Your team claims they can't do anything about it. Is it not your responsibility?".
Acknowledging the problem, Zerodha issued an update on X after some time, saying, "Due to a technical issue, some of our users' positions were not displayed. This issue is now fixed. We regret the inconvenience caused".
In June, Zerodha experienced an outage with its internet service providers due to issues with data feeds on Kite. However, the problem was later resolved.
Catch the latest stock market updates here. For all other news related to business, politics, tech, sports, and auto, visit Zeebiz.com.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Top 7 ETFs With Highest Returns in 1 Year: No. 1 ETF has turned Rs 8,78,787 investment into Rs 13,95,091; know how others have fared
Rs 1,000 Monthly SIP for 40 Years vs Rs 10,000 Monthly SIP for 20 Years: Which can give you higher corpus in long term? Calculations inside
Power of Compounding: Rs 5 lakh lump sum investment in 3 flexi schemes has grown to at least Rs 15.5 lakh in 5 years; see list
Latest SBI Senior Citizen FD Rates: How much senior citizens can get on investments of Rs 5,55,555, Rs 7,77,777, and Rs 9,99,999 in Amrit Vrishti, 1-, 3-, and 5-year FDs
Power of Rs 3,000 SIP: In how many years, Rs 3,000 monthly investment can generate corpuses of Rs 2 crore and Rs 3 crore? Know here
01:41 PM IST