Zerodha, an online Indian brokerage platform, has also experienced a second power failure this month. Meanwhile, Zerodha and International FL have faced some technical issues Today on June 21st that caused inconvenience to the users.
As a result, the market chaos left many investors frustrated as they could not place new orders or modify existing ones during this critical period. Alternatively, Outage monitoring sites below detector It was alleged that placing orders in India by Zerodha’s customers suffered challenges.The site displayed that 49% of users had problems with mobile app while 32% and twenty percent could not access it or conduct any transactions on it.
Moreover, IIFL—a large brokerage firm—had its share of troubles when dealing with derivatives orders especially. Users have reported problems placing and modifying orders for derivatives commodities such as options and futures contracts.
What does the company say?
Zerodha admitted the glitch and tweeted back to the user
The company has acknowledged this and replied him back
Twitter) regarding this issue
A user called Vivek Khatri (@CaVivekkhatri) wrote about the incident on X. “Hang! We have moved out of Zeroda, so many issues in #Zerodha, #ZerodhaCrash,” according to his post.
This has been confirmed by the company as per which they have apologized to customers saying that their site is working again normally. “Hello Vivek we are sorry for any inconvenience caused. Prices are being updated now, please check,” replied one representative from our team.
Both Zerodha and IIFL can be seen making efforts towards resolving the problem efficiently within shortest possible period as they can so that normal operations may resume soonest.
Here are some other reactions from users Zero load power outage
