Karan (name changed) from a small town in Uttar Pradesh put nearly all his savings, and some money borrowed from home, into a firm that was, on paper, a SEBI registered research analyst. In about one month, roughly ₹14 lakh of it was gone. Here is the single fact that turns this from a sad […]
Have you ever bought a stock because a research analyst called it a “sure-shot winner,” then watched it sink a few weeks later? You are not alone. Most investors trust research reports, Telegram calls, and YouTube tips because they assume the analyst did the homework for them. That is what an analyst is meant to
Someone offered to share your trading profits, 50-50, or maybe they would take 30% of whatever you make. It sounds fair, even motivating. Why would they push good calls if they do not gain when you gain? Because it is illegal, and that “shared interest” is exactly the problem. This page explains why a research
Paying a research analyst for stock tips feels normal now. The real question is how much you should actually be paying. SEBI sets one hard ceiling: ₹1,51,000 a year, per family, for individual and HUF clients. Not per tip, not per package, per year, in total. Most overcharging happens for one simple reason: the investor
You saw a trade in your account that you never approved. Or you found out your analyst was quietly trading the same stocks they told you to buy. Either way, you are asking the right question: Is this even legal? It is not. This page explains what unauthorized trading means, what SEBI actually did about
Priya (name changed), a salaried woman from Thane, was not a trader. She had a few mutual funds and liked it that way, slow, boring, safe. So when a confident voice on the phone said he represented a SEBI registered research analyst, one word did all the work: registered. “Madam, hum SEBI registered hain, tension
Someone messages you: “Our SEBI-registered analyst guarantees 200% returns this month.” It sounds official, so you want to know if that is even allowed. It is not. No research analyst can guarantee your returns, registered or not. These claims circulate every day across Telegram groups, social media ads, and paid advisory funnels, usually wrapped in urgency
An analyst you are paying just asked for your login ID and password. Something about it feels off, so you are checking whether this is normal. It is not normal, and it is not allowed. A real research analyst never needs your login. This page tells you why they ask, what the rule actually says,
Someone offered to “handle everything” and just manage your trading for you. It sounded easy, so you are checking whether that is even allowed. It is not. A research analyst running your account is against SEBI rules, full stop. This page explains what the rule says, the difference between the three types of SEBI professionals,
Ram (name changed) is a final-year student from Kota, Rajasthan, and he did not walk into this alone. He and his friend Mohak signed up together with what was, on paper, a SEBI registered research analyst. Between the two of them, across two demat accounts, close to ₹5 to 6 lakh is now gone. And
The number that started it was almost funny: ₹61. That was the registration fee that an analyst charged Sahil (name changed) to get going. Within his first stretch, they “made” him a ₹1 lakh profit. The number that ended it was not funny at all: a total loss of ₹6,92,000. If something like this happened
Here is the thing most people do not know about arbitration. It is not the broker’s grievance desk. It is not another email into the void. Instead, it is a neutral tribunal that hears your dispute and passes an award the broker has to honour. For anyone who lost money and got nowhere with a
