‘Poor planning’: Nikhil Kamath questions stock market closure during BMC polls; flags ‘serious lack of appreciation’
Zerodha founder Nikhil Kamath criticized the closure of Indian stock exchanges on January 15 for Mumbai’s municipal elections, citing poor planning and a lack of appreciation for second-order effects. He argued that such a holiday, driven by local civic polls, undermines global investor confidence. Trading is set to resume on January 16 after the election-related holiday.🕒 1 min read
Zerodha founder Nikhil Kamath criticized the closure of Indian stock exchanges on January 15 for Mumbai’s municipal elections, citing poor planning and a lack of appreciation for second-order effects. He argued that such a holiday, driven by local civic polls, undermines global investor confidence. Trading is set to resume on January 16 after the election-related holiday.
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