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Bloomberg Quint

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Image Credit: Bloomberg Quint

Stock Tips With 500x Margin? This Delhi Stock Advisory Isn’t SEBI-Approved — But Its Ad Made Big Claims

  • A Delhi-based unregistered advisory firm advertised stock market services with exaggerated claims in a full-page ad without SEBI registration.
  • The firm, in operation for 16 years, offered intraday margins up to 500 times and other services without regulatory approvals.
  • Despite claims of 100% bonus, 24/7 customer support, and fast withdrawals, no SEBI registration or exchange affiliation was mentioned.
  • The advertisement included incomplete contact details, a website with an invalid domain, and promoted trading with high risks.

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