Moneycontrol PRO
HomeNewsStock market scam

Stock Market Scam

Jump to
  • Bengaluru woman duped of Rs 13 lakh after fake guru promises to double investment

    When he promised to unlock the stock market's hidden potential through a 'matarani puja', the woman fell for the trick. Hoping to see her investment double, the woman kept transferring money for at least 6 months before realising she was duped.

  • How a 22-year-old defrauded investors to the tune of Rs 2,200 crore

    From Dirhams to Mercedes, Bishal Phukan enjoyed a life on the false promise of disproportionate returns.

  • How fraudsters sell impossible trades in 'upper circuit stocks' with promise of 5% daily return

    These stocks are blocked from trading but investors are made to believe otherwise.

  • Fraudsters impersonate FYERS and its founder to run illegal PMSes, WhatsApp advisories

    Fake apps encourage people to transfer money to be managed, claiming that it will done by the brokerage

  • NSE warns investors of "high returns" from scamsters posing as associates with reputed firms

    They will also show certificates purportedly issued by SEBI and the exchanges, the release said

  • Live: Nifty extends gains for the sixth straight session, hits an all-time high | Opening Bell

    Indian equity markets are expected to open flat with a positive bias on Tuesday amid weakness in global peers. The Asian markets traded lower, while the US stock indices ended in the red overnight. On Monday, the Indian stock market indices ended at their record closing highs, witnessing the biggest one day rise in over one year. After making a fresh new high on December 4, all eyes are on Bank Nifty’s next move now. The banking index jumped 1,617 points on December 4 to hit a record high at 46,484.45, supported by ICICI Bank, State Bank of India (SBIN), Kotak Bank, Punjab National Bank (PNB) and IndusInd Bank. Stocks to watch include Honasa Consumer, HCL Technologies, CAMS and a bunch of PSU banks and private banking names amongst others. Catch Moneycontrol's Nickey Mirchandani with Prashant Sawant- Founder, Catalyst Wealth and Gautam Duggad - Motilal Oswal Financial Services Ltd.

  • Ideas for profit | AU Small Finance: Strong growth with a new product line, time to buy the stock?

    AU Small Finance Bank posted strong numbers despite the stock underperforming both the Nifty and the Bank Nifty in the last four months. MC Pro expects AU SFB to continue on the high-growth path, as it has adequate capital, the right products, cross-sell opportunities and technology backbone to stay ahead of competition. Watch the video for more

  • SAT sets aside Sebi's Rs 1 cr fine on Apollo Tyres

    The Securities Appellate Tribunal has set aside the over Rs 1 crore penalty imposed by Sebi on Apollo Tyres with respect to buyback of shares and has directed the regulator to pass a fresh order.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347