Live
- PM Modi highlights govt's efforts to make Odisha prosperous and one of the fastest-growing states
- Hezbollah fires 200 rockets at northern, central Israel, injuring eight
- Allu Arjun's Family Appearance on Unstoppable with NBK Breaks Viewership Records
- Unity of hearts & minds essential for peace & progress, says J&K Lt Governor
- IPL 2025 Auction: I deserve Rs 18 cr price, says Chahal on being acquired by Punjab Kings
- EAM Jaishankar inaugurates new premises of Indian embassy in Rome
- Sailing vessel INSV Tarini embarks on second leg of expedition to New Zealand
- Over 15,000 people affected by rain-related disasters in Sri Lanka
- IPL 2025 Auction: RCB acquire Hazlewood for Rs 12.50 cr; Gujarat Titans bag Prasidh Krishna at Rs 9.5 crore
- Maharashtra result reflects the outcome of Congress' destructive politics: BJP's Shazia Ilmi
NSE warns investors against persons promising assured returns in stock market
The National Stock Exchange (NSE) issued an advisory on Wednesday cautioning investors of certain individuals and Telegram channels offering securities market tips and assured returns on stock market investments.
New Delhi: The National Stock Exchange (NSE) issued an advisory on Wednesday cautioning investors of certain individuals and Telegram channels offering securities market tips and assured returns on stock market investments.
The exchange said in a statement that investors are cautioned and advised not to subscribe to any such scheme/product offered by any person/entity offering indicative/assured/guaranteed returns in the stock market, as the same is prohibited by law.
The NSE said that a person named "Ajay Kumar Sharma" operating through the mobile number "7878337029" and Telegram channel "Bharat Trading Yatra" and an individual named "Ranveer Singh" operating through the mobile number "9076273946" and Telegram channel "Bullish Stocks" -- are "providing assured returns on investment in stock market and offering to handle trading account of investor by asking investors to share their Login ID/password".
"It may also be noted that the said person/entity are not registered either as a member or authorised person of any registered member of the NSE," said the exchange.
The stock exchange also advised investors not to share their trading credentials, such as user ID/password, with anyone.
In addition, the NSE mentioned that participation in such prohibited schemes is at investors' own risk, cost and consequences as "such schemes are neither approved nor endorsed by the exchange".
