16 hrs ago

NSE Flags Dabba Trading and Sankhat Bulls, Warns Investors

The National Stock Exchange of India warned people about two services promoted on social media.

One Facebook group, called “Dabba Trading,” was said to offer illegal trading.

A Telegram channel called “Sankhat Bulls” was offering stock-market tips.

NSE said neither one is registered with the exchange.

The exchange warned that promises of guaranteed stock-market profits are not allowed by law.

It also said people should not give anyone their trading passwords or user IDs.

Investors can use NSE’s website to check whether a broker or authorised person is registered.

They can also check the bank accounts brokers have disclosed to NSE.

Key facts

Issuing organisation: National Stock Exchange of India
Flagged Facebook group: “Dabba Trading,” described by NSE as offering illegal dabba trading services
Flagged Telegram channel: “Sankhat Bulls,” offering securities market tips
Registration status: NSE said the two social media entities are not registered exchange members or Authorised Persons of registered members.
Return offers: NSE warned against schemes promising indicative, assured, or guaranteed stock-market returns.
Credential advice: Investors were advised not to share trading user IDs or passwords.
Verification tool: NSE’s “Know/Locate your Stock Broker” facility can be used to check trading members, Authorised Persons, and designated client bank accounts.

freepressjournal.in · 16 hrs ago