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πŸ”₯πŸ€‘πŸ€‘ INTRADAY BANKNIFTY OPTIONS TRADER πŸ€‘πŸ€‘πŸ”₯
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πŸ”₯πŸ€‘πŸ€‘ INTRADAY BANKNIFTY OPTIONS TRADER πŸ€‘πŸ€‘πŸ”₯ Telegram | DID YOU KNOW?

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These entities are reportedly operating nine Telegram channels with more than five million subscribers to whom they were making recommendations on selected listed scrips. Such recommendations induced the investors to deal in the said scrips, thereby creating artificial volume and price rise. In a message on his Telegram channel recently recounting the episode, Durov wrote: "I lost my company and my home, but would do it again – without hesitation." The Securities and Exchange Board of India (Sebi) had carried out a similar exercise in 2017 in a matter related to circulation of messages through WhatsApp. Soloviev also promoted the channel in a post he shared on his own Telegram, which has 580,000 followers. The post recommended his viewers subscribe to "War on Fakes" in a time of fake news. Following this, Sebi, in an order passed in January 2022, established that the administrators of a Telegram channel having a large subscriber base enticed the subscribers to act upon recommendations that were circulated by those administrators on the channel, leading to significant price and volume impact in various scrips.
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Disclaimer : I am not SEBI registered analyst. All posts are educational purposes only. Please do consult your Financial Advisor before taking any decision/position. Risk and rewards always yours only.

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Created: 2021-03-08

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