Stockbroking platform Zerodha trading platform reportedly hanged on Monday morning with prices of stocks failing to update on the devices of several users.

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Online platform Downdetector, which provides real-time information about the status of various websites and services, said user reports indicate Zerodha is having problems since 9:27 AM IST.

Many users took to Twitter to complain that the broker’s trading app Kite or site shows up errors on most days when there is a big stock movement.

Also Read: Zerodha crosses 1-crore customer base — how Nithin Kamath reacted

#zerodhadown trended on Twitter within minutes as thousands of users took to the microblogging site to post screenshots of the issues they were facing.

“Zerodha get stuck everytime there is a major movement in stock market. Seems fishy as they stop 6 million account holders from trading. Who is benefitting from this ?,” a user said in a tweet.

Another user tweeted, “Zerodha and it's habit to down on big gap up and big gap down days.”

One of the worst trading app i have erver seen, there is always glitch in your system whenever market is trading. Pepole loosing there money due to your glitches, for what you are charging brokerages. #zerodhadown #sebi @zerodhaonline @SEBI_India @NSEIndia

— kshitij hande (@HandeKshitij) August 29, 2022

Thanks @zerodhaonline for doing it at every crucial time