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Zerodha's trading app faces technical issues
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Zerodha were unable to execute transactions on Monday morning when the Nifty witnessed a gap-up opening of 334 points after the retail broker's trading platform experienced technical issues that prevented its clients from logging in. Several traders vented out on social media platforms about their inability to trade on Zerodha.
The broking firm announced at 10:45 AM that the issue was resolved. In a subsequent post on X (formerly Twitter), Zerodha said the issue was due to a recent update to its IP database over the weekend, which resulted in changes to the recorded locations of many users.
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