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Zerodha claims that investors of their platform have earned 50,000 crores in four years
Brokerage firm Zerodha claimed that investors investing in the stock market through their platform have earned a profit of Rs 50000 crore in the last four years. In the last five years, the stock market has registered an increase of 37000 points. In mid-2019, the Sensex was near 39500 points. On Tuesday, the Sensex closed at 76,456 points.
Congress leader Rahul Gandhi may be claiming a scam in the stock market, but in the last five years, investors have made tremendous profits from the market. On Tuesday, brokerage firm Zerodha claimed that investors investing in the stock market through their platform have earned a profit of Rs 50,000 crore in the last four years.
In the last five years, the stock market has registered an increase of 37,000 points. In mid-2019, the Sensex was close to 39,500 points. On Tuesday, the Sensex closed at 76,456 points.
Zirodha co-founder Nithin Kamath claimed in a post on X that investors associated with his platform have cashed out profits of Rs 50,000 crore in the last four years and profits of Rs 1 lakh crore are visible in their accounts which they have not yet cashed out. This profit of Rs 1 lakh crore is in exchange for assets under management (AUM) of Rs 4.5 lakh crore.
