CDSL glitch hits sale of stocks on brokerages

New Delhi, October 18

Investors of several brokerages, including Zerodha and Paytm Money, faced difficulty in selling shares on Monday due to “an issue” related to Central Depository Services (India) Limited (CDSL). The issue was resolved by CDSL in the afternoon.

Several investors opened up about their challenges in selling stocks on Twitter. In addition, Zerodha and Paytm Money, a wholly owned subsidiary of Paytm, too warned investors about possible problems in executing sell orders.

Zerodha tweeted, “You may face an issue with authorising 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.” — PTI