Comment on Intraday leverages reduced across the board

Kiran commented on 03 Jan 2020, 10:55 PM

Vijay,

You are at wrong place.
Right now most of the brokers (almost all other) are opposing the move and are in discussion with SEBI.
Only Zerodha or could be one or two other is supportive of cutting the leverage to their advantage.
Since 10 or 11 AM, when people started panicked and asking serious questions, both Nithin and Zerodha team is completely quite. This will unfold next week. Better to check with oter brokers who provides leverage.
They might answer better. I am guessing there will be reduction in leverage but don’t know to what extent.

So what i am saying is you are requesting at wrong place who is in favor of cutting down the leverage.
I am not seeing any response from any one of the Zerodha team since morning.
They started the chaos and they should answer.

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