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Zerodha faces ‘glitch’, traders unable to execute sell orders; Upstox & ICICI Direct services also affected

Several traders of Zerodha and other online brokerages took to Twitter complaining that they were unable to enact transactions.

New Delhi: Traders and Investors of ICICIDirect, Zerodha, and UPstox are unable to execute sell orders on Monday due to some issues with CDSL server. The three firms happens to be the largest online-brokerage firms in the country.

The company said on Monday that it is experiencing issues with CDSL servers and its users may face issues with authorising stocks sale.

“You may face an issue with authorizing the sale of your stocks due to an issue with CDSL. We are in touch with CDSL to have the issue resolved at the earliest,” Zerodha said in a tweet.

Several traders of Zerodha and other online brokerages took to Twitter complaining that they were unable to enact transactions and want brokerages and CDSL to resolve the issue soon.

“CDSL services are down due to which 1) you may not able to generate a new TPIN; Sell your stocks using current TPIN. We will update as soon as this is resolved”, an Upstox trader tweeted.

However, CDSL has not made a comment on the issue yet.