Nithin Kamath explains why Korean market sell-off is his 'biggest nightmare'

Zerodha Co-Founder Nithin Kamath called Korean market sell-off is his "biggest nightmare as a broker" while noting the growth of Margin Trading Facility (MTF) in India. "Even though MTF as a percentage of market cap is small, if...Indian markets were to fall sharply, it'd cause severe sell-offs," he said. MTF is when people borrow from a stockbroker to buy shares.