Nithin Kamath identifies South Korean market crash as his primary concern
Zerodha Co-Founder Nithin Kamath described the recent sell-off in the Korean market as his "biggest nightmare as a broker," while highlighting the rising popularity of the Margin Trading Facility (MTF) in India. He cautioned that while MTF currently represents a minor portion of the total market capitalization, a sudden and steep decline in Indian stocks could trigger intense selling pressure. MTF refers to the practice of investors borrowing funds from their brokerage firm to purchase shares.
by shortkt.com✓