Zerodha

Kamath suggested that if the ongoing market correction persists, the Indian government's revenue from the Securities Transaction Tax (STT) could drop by 50% to Rs 40,000 crore in FY 2025-26, far below the projected Rs 80,000 crore.

“I wondered why a person who's fit and takes care of himself could be affected," said Zerodha's Nithin Kamath.

Zerodha co-founder Nikhil Kamath recently apologised for using unfair means to defeat Chess grandmaster Vishwanathan Anand