Wednesday, September 16
Zerodha co-founder and CEO Nithin Kamath dismissed growing concerns about excessive leverage in Indian markets, saying comparisons with the United States are "flawed" and "misguided." In a social media post on Thursday, Kamath said that critics who point to the rising volume of options contracts in India as a sign of speculative excess are overlooking key facts—most importantly, the actual financial exposure and value of those contracts.“It’s ridiculous to see people comparing options trading volumes in India and the US and claiming that we’re overleveraged,” Kamath wrote. “The comparison itself is flawed. People often look at the number of contracts traded, not the premiums or the actual value involved.”Kamath argued that India remains significantly less leveraged than the U
