Lok Sabha Elections 2024: More Than Rs 8,000 Crore Funds Added On Zerodha’s Kite App on Election Results Day, Says CEO Nithin Kamath
More than Rs 8,000 crore in funds was added on Zerodha's Kite app on the Lok Sabha election results day, according to a chart shared by the brokerage firm’s co-founder and CEO Nithin Kamath on Tuesday.
New Delhi, June 4: More than Rs 8,000 crore in funds was added on Zerodha's Kite app on the Lok Sabha election results day, according to a chart shared by the brokerage firm’s co-founder and CEO Nithin Kamath on Tuesday.
Kamath, in a post on X, shared the activity chart with the caption, "Activity today on Kite". As per the chart, nearly 34.5 million orders were placed on the Kite app. The app also witnessed more than 8 million logins and over 1 million GTT triggered. ‘Will Move Forward With New Energy, Enthusiasm and Resolves’, Says PM Narendra Modi as NDA Leads in Nearly 290 Seats in Lok Sabha Election 2024.
Zerodha CEO Nithin Kamath Post on Lok Sabha Election Result Day:
However, jitters of counting day led the Indian indices to experience their biggest fall in the last four years with the investors losing nearly Rs 30 lakh crore in a single season. West Bengal Lok Sabha Elections Results 2024 Winners List: Constituency-Wise List of Winning Candidates From TMC, BJP, Congress and Other Parties.
As the counting for the Lok Sabha polls entered the final phase, Sensex closed 4,389 points down, or 5.74 per cent, at 72,079, while Nifty shed 1,379 points, or 5.93 per cent, to close at 21,884 on Tuesday. Nifty Bank suffered a loss of over 4,051 points, or 7.95 per cent, to close at 46,928.
(The above story first appeared on LatestLY on Jun 04, 2024 07:47 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).