Zerodha’s Nithin Kamath on worst market crash since 1996: ‘First time in 15 years we are seeing degrowth’

February proved to be a turbulent month for Indian stock markets, with the Sensex plunging over 4,000 points and the Nifty 50 experiencing its longest losing streak since 1996. Market capitalisation eroded by Rs 40 lakh crore, and investor sentiment weakened as trading volumes dropped sharply. Zerodha's Nithin Kamath highlighted a 30% decline in activity, signalling deeper concerns. Despite the sell-off, some analysts see potential for a rebound, citing technical corrections rather than fundamental weaknesses.