After a long weekend and an extra holiday due to the Ayodhya Ram Mandir inauguration, traders and investors were eagerly awaiting the market’s opening on January 23, 2024. However, users of the Groww app have reported login issues since (9.30 am) morning, creating frustration among them.

Now, users are wondering whether these outages are real or done on purpose? Meanwhile, several popular stocks are at an all-time low, creating a perfect buying opportunity for investors. However, there seems to be another game going on behind the scenes to prevent buyers from purchasing stocks at extremely low prices.

Traders and Investors have shown their anger on Twitter and asking SEBI to investigate the matter.

Now users have no choice but to wait for the Groww app to start working again. Despite the convenience of discount brokers at times, such issues are a red signal for users, especially when significant events occur in the future.

These apps need to step up their game and prepare for the worst-case scenario in case of a traffic spike due to some event. Since the Groww app involves financials, it can be the cause of someone’s loss if it does not function properly.

At the time of writing the article the shares were trading at the following rates:-

  • HDFC BANK LTD (1448.15 INR)
  • INDUS IND BANK (1521.80 INR)
  • IRFC (170.25 INR)
  • Rail Vikas Nigam Ltd (RVNL) (295.80 INR)
  • Berger Paints (560.60 INR)
  • Interglobe Aviation (2,958.55 INR)
  • Pidilite Industries (2593.10 INR)
  • Adani Energy Solutions (1114.05 INR)