**Zerodha CEO Flags Margin Trading Risks** Nithin Kamath has raised concerns regarding the rapid expansion of margin trading facilities (MTF) within the Indian market. The aggregate exposure has now surpassed **Rs 1.1 lakh crore**. This surge in leverage is viewed as a significant structural risk to the equity ecosystem. The primary warning emphasizes that excessive borrowing can severely exacerbate volatility. Specifically, Kamath cautioned that during periods of sharp correction, the forced unwinding of these leveraged positions is likely to accelerate selling pressure and deepen overall market stress.