Beware of fraudulent tips and advice on stock market
It has been observed that certain fraudsters have been collecting data from various sources of investors who are trading in Exchanges and sending them bulk messages on the pretext of providing investment tips and luring the investors to invest in bogus entities by promising huge profits. You are advised not to trade on the basis of SMS tips and to take an informed investment decision based on authentic sources. issued in the interest of investor of investor (RefNSE : circular No.: NSE/COMP/42549, BSE:Notice 20191018-7)
What should you do if you receive a trading tip over phone or SMS?
- Please verify the authenticity of the caller, at the slightest doubt, desist from acting on such calls or tips
- Ensure you are registered on the TRAI DND.
- Report any unsolicited stock tip or marketing call to TRAI and your service provider