Sebi warns investors against WhatsApp stock tips. Here's how you can avoid such traps
SEBI is in focus.
· Economic Times Markets, Business Standard Mkts, Business Today Mkts, ET Stocks
SEBI has cautioned investors against exclusive WhatsApp groups spreading unauthorised stock tips and fake profit claims. The regulator flagged astroturfing, overseas numbers, replacement groups and suspicious trading apps, urging investors to verify credentials and use registered intermediaries.
Why it matters
- With SEBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.