The National Stock Exchange of India Ltd. (NSE) has issued an important investor advisory after receiving reports about an individual allegedly offering illegal stock market tips and promising assured returns.
According to the Exchange, a person operating under the name “Pratiban”, using the mobile number 7904077957, has been promoting securities market tips through multiple online platforms. These include a YouTube channel titled “Trade Room Official”, a Telegram group of the same name, and other digital touchpoints aimed at attracting retail investors with promises of guaranteed profits.
NSE has categorically stated that this individual is not registered as a member or as an Authorised Person of any registered trading member of the Exchange. This makes any investment advice or schemes offered by the individual unauthorised, illegal, and unsafe for investors.
Why Investors Must Stay Alert
The Exchange has strongly cautioned investors against subscribing to any scheme or product that claims to offer assured, indicative, or guaranteed returns in the securities market — such assurances are strictly prohibited under Indian law. Investors should also avoid sharing sensitive trading details such as user IDs and passwords with any third party, as doing so exposes them to serious financial risk and potential fraud.
To help investors verify the legitimacy of brokers and authorised personnel, NSE provides a “Know/Locate Your Stock Broker” facility on its official website. Through this service, investors can check:
- Registration details of NSE trading members
- Names of Authorised Persons
- Official client bank account details disclosed to the Exchange
This tool empowers investors to make informed decisions and avoid fraudulent entities operating outside the regulatory framework.
Consequences of Engaging in Prohibited Schemes
NSE has further emphasized that participation in such unauthorised investment schemes is entirely at the investor’s own risk. Since these schemes are neither approved nor endorsed by the Exchange, investors who fall victim to them will not be able to access any of the following safeguards:
- Investor protection benefits under the Exchange’s jurisdiction
- Exchange Dispute Resolution Mechanism
- Investor Grievance Redressal Mechanism administered by NSE
In simpler terms, once an investor voluntarily engages with an unregistered entity, they are outside the protective umbrella of regulated market mechanisms.
NSE: A Leader in Market Transparency & Technology
Founded in 1994 as India’s first electronic trading platform, the National Stock Exchange has grown into the country’s largest stock exchange by turnover. NSE operates a comprehensive business model that spans trading services, clearing and settlement, listings, indices, market data solutions, and financial education.
Globally, the Exchange continues to maintain a strong presence. It was ranked the world’s largest derivatives exchange by trading volume in 2024 and second in the world in equity trades according to data from international market bodies.
Final Word to Investors
This advisory serves as a crucial reminder for market participants to remain vigilant. Always verify the authenticity of individuals and platforms before acting on financial advice. NSE continues to urge investors to rely solely on registered intermediaries and to refrain from engaging with any entity promising unrealistic returns.