What a week its turning out to be for Groww
I have 20% of my portfolio there …glad that I’ve no open positions…anybody got affected?
Very interesting. Never thought they had so many active traders like Zerodha to go down and all. Thought most of their users were people wanting to invest in mutual funds.
Got this from Moneycontrol , Not sure what exactly happened or Who is right / wrong. Lot of News and tweets happen around another issue … But worried about this since My long term assets are with them . If Zerodha have second demat I might have moved all to Zerodha .
# MC Explains | Groww case: What are the key learnings for investors?
thats very bad to those that do calendar spread on expiry day, one leg expired today and other leg will be naked. without after market hour trading they cant exit or hedge that position. im sure broker dont cover loss that occurs because of them yet they all voted against after market hour trading.