Investors are often cautioned about investment risk, market risk, etc. by their advisors and brokers. Investing in a particular asset or any equity share in particular, can give back good returns or, on the contrary, even wipe out the basic value of money that you have put in. But did anyone tell you that the broker himself can also cheat you? He can go bankrupt or be a fraud?
Not only have the small ones, but big investment firms have also given their clients a nightmare. If viewed from the brokerage company’s perspective, it is doing a business purely. Profits are their primary motto. And your money, except from the brokerage charges, is a secondary element for them.
So, how can a stock broker deceive you?
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The original article appeared in LiveMint on August 26, 2016 and can be found here.
In four trading sessions, Welspun India’s market valuation came down to Rs. 5,700 cr. If there were no circuit filters, we would have known this within minutes on Monday.
Late last week, Target Corp. said it will end its business relationship with Welspun India Ltd, stating it had received bedsheets where Egyptian cotton was substituted with a cheaper variant.
When stock market trading resumed on Monday, it was clear Welspun India wasn’t worth the Rs.10,370 crore valuation it enjoyed until the prior week. But how much was it now worth?
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This is a blog post by Mastermind, Nooresh. The original post appears here.
One can understand the obsession for Day Trading by just doing a Search on Google for the Words like – Day Trading, Intraday Trading Tips, Day Trading Tips and the number of sites that pop up catering to it.
BSE, an exchange in India, mentions itself to be the fastest exchange in the world.
Nifty 50 index is world’s most actively traded derivatives contract: Survey – Link
Majority of brokers have 90 – 96% of their business coming from Derivatives
There are a bunch of Discount Brokers with Rs. 0-20 as broking change.
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