‘…Real money is with Gujjus’: Zerodha’s Nithin Kamath Shares Analysis Of Stock Market Data; CRED’s Kunal Shah Responds | Economy News
New Delhi: Zerodha co-founder and CEO Nithin Kamath has tweeted regarding his analysis of stock market data, that showed Mumbai and Ahmedabad account for 80 percent of the equity delivery trade.
Kamath tweeted, “Ahmedabad and Mumbai account for 80% of equity delivery trades. Let that sink in. Essentially, the real money is with Gujjus. Btw, Gujarat accounts for just 8% of the total registered investors, and the share has been falling.”
Ahmedabad and Mumbai account for 80% of equity delivery trades. Let that sink in. Essentially, the real money is with Gujjus _
Btw, Gujarat accounts for just 8% of the total registered investors, and the share has been falling. pic.twitter.com/yljNeW8xfN
— Nithin Kamath (@Nithin0dha) January 6,…
