Half of India’s MTF book is in smallcaps; Nithin Kamath flags liquidity risks
· economictimes.indiatimes.com
Zerodha founder Nithin Kamath warned that small and microcap stocks account for a substantial share of Indias margin trading facility book. He highlighted liquidity risks during market downturns, when smaller stocks may face sharper selling pressure.
Most of the growth in the industry's MTF book is in small and microcaps. These are the stocks where liquidity tends to dry up first when markets either fall or ...