‼️ 🇮🇳 Zerodha founder Nithin Kamath warned that India’s fast-growing margin trading facility market could amplify a market downturn through forced selling and broader contagion. The industry-wide MTF book reached about 1.4 trillion rupees on Tuesday, up 53% year on year, while Zerodha’s book rose to roughly 90 billion rupees in August; interest income from leverage now accounts for 10% of the broker’s revenue.
AlgoTrader 