City
Epaper

NSE warns investors of 2 individuals promising assured returns in stock market

By IANS | Updated: June 19, 2024 14:55 IST

New Delhi, June 19 The National Stock Exchange (NSE) on Wednesday issued an advisory cautioning investors of two ...

Open in App

New Delhi, June 19 The National Stock Exchange (NSE) on Wednesday issued an advisory cautioning investors of two individuals promising assured returns on investment in the stock market.

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 the person named 'Iffat Marash' associated with an entity named 'Ant Retail League Club' operating through the mobile number '9366866149' and another individual named 'Sadia Arshad' operating via mobile number '9366322942' -- is "providing securities market tips and assured returns on investment in the stock market".

"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 National Stock Exchange of India Limited," said the NSE.

The stock exchange also advised investors not to share their trading credentials such as user id/password with anyone.

"Exchange has provided a facility of 'Know/Locate your Stock Broker' under the link https://www.nseindia.com/invest/find-a-stock-broker on its website, to check the details of the registered member and its Authorised Persons," it mentioned.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

CricketZaheer Khan stats LSG will stick to the plan that NCA has developed for Mayank

Cricket"Bowlers did a great job": RCB skipper Rajat Patidar after registering win over Delhi Capitals

InternationalUkraine offers condolences to Canada after "heartbreaking" Vancouver festival tragedy

Other SportsIndia wins big at 2nd Asian Yogasana Sport Championship with record 83 Gold Medals!

Cricket"It was a top win, especially looking at the surface": Virat Kohli reflects on RCB's victory over DC

Business Realted Stories

BusinessSolid monetary frameworks helped emerging markets navigate recent crises: Gita Gopinath

BusinessPiyush Goyal lashes out at Big Pharma for evergreening patents

BusinessSEBI joins DigiLocker to reduce unclaimed assets, protect nominees’ interests

BusinessOver 170 million lifted above poverty line in India, Modi government and Congress claim credit

BusinessIndia, as fastest growing economy, is ideal investment destination: RBI Governor