Nithin Kamath said Zerodha users drop in 15 years; Groww may just agree

Zerodha CEO Nithin Kamath revealed that the company is experiencing its first business slowdown in 15 years. A decline in active users across major stock broking platforms signifies a broader market correction. According to National Stock Exchange (NSE) data, eight of the top 10 broking firms saw a decline in active investors in February. Kamath noted a 30% drop in trading activity due to market conditions and regulatory changes.

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