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Main bourse National Stock Exchange (NSE) on Tuesday cautioned buyers in opposition to subscribing to any scheme and product provided by entities providing guaranteed returns within the inventory market. The cautionary assertion comes after NSE seen that an entity named Shares Bazaar Private Limited is providing funding plans with assured returns.
The involved entity will not be registered both as a member or authorised particular person of any registered member of the NSE.
“Traders are cautioned and suggested to not subscribe to any scheme/ product provided by any entities providing indicative/assured/assured returns within the inventory market as the identical is prohibited by regulation,” the trade stated in an announcement.
NSE started operations in 1994 and is ranked as the most important inventory trade in India when it comes to complete and common each day turnover for fairness shares yearly since 1995, based mostly on Sebi knowledge.
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