NSE has advised investors to be cautious of guaranteed return schemes

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NSE guaranteed return warning

Highlights

NSE has warned investors to be cautious of schemes claiming guaranteed returns by the 'Tradez Dynamics' X page.
The exchange cautioned that such social media handles are neither registered members nor authorized representatives of the NSE.
NSE clarified that investments in prohibited schemes are neither supported nor approved by the exchange, and there will be no grievance redressal mechanism in case of disputes.

This article was translated from the original. Read the original version by our correspondent here.

Exchange's Warning on Social Media Accounts

National Stock Exchange of India reports that a social media “X” page or account named “Tradez Dynamics” is providing securities market tips related to stock market investments. The exchange has advised investors not to subscribe to any scheme or product from any person or entity claiming to offer indicative, assured, or guaranteed returns in the stock market, as such practices are prohibited by law.

The exchange also stated that investors should not share their trading credentials, such as user ID and password, with anyone. According to the exchange, the individuals or entities operating the above-mentioned social media handle are not registered as members or authorized persons of the National Stock Exchange of India Limited.

Registration Check and Investor Risk

The exchange has provided the “Know/Locate your Stock Broker” facility for investors, through which details of registered members and their authorized persons can be verified. Details of client bank accounts reported to the exchange by trading members are also displayed, so investors can verify when dealing with any person or entity.

The exchange clarified that participation in such prohibited schemes is at the investors’ own risk, cost, and consequences, as these schemes are neither approved nor supported by the exchange. It also stated that in case of disputes related to such schemes, investors will not have access to the usual grievance redressal mechanisms.

In our previous report we discussed the NSE warning regarding unauthorized stock market tips and claims of guaranteed/assured returns by the Telegram channel and X handle named ‘hm Stocksbears’. That article advised investors to avoid subscribing to such schemes/products, not to share trading credentials, and to verify the registration of brokers/authorized persons through “Know/Locate your Stock Broker”.

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