Tuesday, March 04, 2025 | 08:20 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Don't play the market on unsolicited stock tips

Such tips are sent by operators who want to exit or enter stock at cost of retail investor's greed

Don’t play the market on unsolicited stock tips
Premium

Tinesh Bhasin
If you have a trading account with a broker, there are chances that you have received stock tips through text messages (SMS). The sender’s name would suggest the message is from a reputed broker. But, there is a strong likelihood the sender is using reputed broker’s name to drive up or down some stock.
 
“In every bull run, many first-time investors come to the stock market to try their hands at trading. The group of people manipulating prices of a stock targets such individuals by sending out unsolicited messages. Once retail (individual) investors get in, these operators start exiting

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in