‘Poor planning’: Nikhil Kamath questions stock market closure during BMC polls

Zerodha founder Nikhil Kamath criticized the closure of Indian stock exchanges on January 15 for Mumbai’s municipal elections, citing poor planning and a lack of appreciation for second-order effects. He argued that such a holiday, driven by local civic polls, undermines global investor confidence. Trading is set to resume on January 16 after the election-related holiday.