‘Don’t know if Mukesh Ambani….,’ asks Zerodha’s Nikhil Kamath, Nita Ambani reacts promptly, goes viral

Zerodha co-founder Nikhil Kamath attended the graduation ceremony of Dhirubhai Ambani International School as the chief guest. He addressed students and parents. He spoke about his first business venture and how he entered the world of stock markets. He also referred to Mukesh Ambani about the latter’s stock market’s interest, and Nita Ambani immediately gave her reaction, which later went viral on social media.

Nikhil Kamath’s first business

Kamath had dropped out of school at 15 and started his first business selling mobile phones. “It was a good business. I had enough inventory. By the time it all ended, I think I had about 10 or 20 phones, and I had a lot of fun doing it,” he said.

Kamath did a job in a call centre in Bengaluru, which introduced him to the stock market.

“For a 17-year-old boy working the 5 pm to 2 am shift, selling accidental health insurance to unsuspecting British folks to the place many of you will go to college for was a lot of fun. It didn’t pay a lot. I think my first salary was around Rs 8,000,” he said.

He was working a full-time night shift and had the entire day which he utilized to invest in stocks.

Nita Ambani’s Reaction 

“There [working at the call centre], I got introduced to the stock market. Back then, markets used to open at 10 am; now they open at 9 am. I don’t know how much Mukesh Ambani is into stock markets…,” he said when everyone laughed. The camera moved towards Nita Ambani; she smiled and shook her head. Then Nikhil Kamath also said “…but if anyone here knows what will happen tomorrow, it’s probably him.”

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