NSE advises investors not to subscribe to any scheme/product offered by any persons/entity offering indicative/assured/guaranteed returns in the stock market

The NSE on 24 July 2023 has cautioned Investors against the person “Anurag Choubey” associated with entity named “Stock Gurukul” operating through mobile number “8319384910” providing securities market tips for trading and assuring returns on investment in stock market and offering to handle trading account of investor by asking investors to share their credentials.

The investors are cautioned and advised not to subscribe to any such scheme/product offered by any persons/entity offering indicative/assured/guaranteed returns in the stock market as the same is prohibited by law. Further, investors are advised not to share their trading credentials such as user id/ password with anyone.

The investors may note that for any kind of disputes relating to such prohibited schemes none of the following recourses will be available to investors:

  1. Benefits of investor protection under Exchange Jurisdiction
  2. Exchange dispute resolution mechanism
  3. Investor grievance redressal mechanism administered by Exchange

RECENT UPDATES