A press release dated August 28, 2026 names a mobile number and a Telegram channel run by Deepak Wadhwa, and says the operator is asking investors to hand over their trading login and password in exchange for promised profits. NSE says this person is not registered with it in any capacity.
Quick Summary: NSE issued a caution notice on August 28, 2026 against an individual operating mobile number 9462407559 and a Telegram channel called Deepak Wadhwa (link t.me/market_learning_deepak).
The channel is accused of offering stock tips, guaranteed returns and account handling services in exchange for investors’ trading login credentials. NSE says the operator is not registered as a member or Authorised Person, and warns that investors who go ahead get no exchange-level protection or grievance recourse.
What NSE’s notice actually says
NSE’s press release, dated August 28, 2026, is short and specific. It names a mobile number, 9462407559, and a Telegram channel called Deepak Wadhwa, reachable at the link t.me/market_learning_deepak.
According to the notice, whoever runs this number and channel is providing securities market tips, promising indicative or guaranteed returns on stock market investments, and offering to handle investors’ trading accounts directly, which requires the investor to hand over their login ID and password.
NSE states plainly that this person or entity is not registered either as a member of the exchange or as an Authorised Person of any registered member. In other words, there is no exchange oversight of whatever this Telegram channel is doing with investors’ money or credentials.
Why a promise of guaranteed returns is itself the warning sign
NSE’s notice makes a specific legal point: offering indicative, assured or guaranteed returns on stock market investment is prohibited by law, no matter who is offering it or how it is packaged.
Stock prices move up and down. Nobody, registered or not, can lawfully promise you a fixed or guaranteed profit from trading in listed securities. Any pitch that leads with a guaranteed percentage return, a fixed monthly income from the market, or a doubling of your money in a set number of days is making a claim securities law does not allow a legitimate market participant to make.
This single detail is often enough to tell a genuine research service apart from a prohibited one, well before you get to checking anyone’s registration.
The bigger risk: handing over your login and password
NSE’s notice flags account handling as a specific practice here, meaning the operator asks investors to share their trading login credentials so trades can supposedly be placed on their behalf.
Once someone else has your login ID and password, they can place trades in your account without your knowledge, use your funds and holdings however they choose, and there is no reliable way for you to prove afterward which trades were yours and which were not.
Every registered broker’s terms of service prohibit sharing your credentials with a third party. If you do, and something goes wrong, that broker and the exchange’s grievance mechanisms are far less likely to be able to help you, since the account activity technically happened under your own login.
How a Telegram tip and account handling operation typically works
Notices like this one tend to follow a familiar pattern, even though each one names a different channel or operator.
It usually starts with a free or low cost Telegram group offering market commentary or a few tips that appear to work. Once trust is built, the operator pitches a paid or premium tier, often with claims of higher accuracy or guaranteed returns.
From there, some operators ask for a share of profits, some ask investors to trade through a specific unregistered app or platform, and others, like this notice describes, ask to directly handle the account using the investor’s own login credentials. In every version, the common thread is that none of it happens through a SEBI registered intermediary that the exchange can supervise.
How to check if someone is actually a registered stockbroker
NSE has a free tool on its own website called Know or Locate your Stock Broker, available at nseindia.com/invest/find-a-stock-broker. It lists every registered trading member and their Authorised Persons, along with the designated client bank accounts that member has disclosed to the exchange for receiving or paying investor money.
Before you follow any tip provider, trading group or account handler, it is worth spending two minutes on that page to check whether the person or entity is listed at all, and whether any bank account they are asking you to pay into matches what is officially disclosed.
Is Deepak Wadhwa’s Telegram channel NSE or SEBI registered?
No. NSE’s notice specifically states that the individual operating this mobile number and Telegram channel is not registered either as a member of the exchange or as an Authorised Person of any registered member.
That means there is no SEBI or exchange registration behind the tips, the guaranteed return claims, or the offer to handle accounts described in this notice.
What you give up if you go ahead anyway
NSE’s notice is direct about the consequences of dealing with an unregistered operator like this one. If a dispute arises, the notice says none of the following recourses will be available to investors.
You would not have the benefit of investor protection under the exchange’s jurisdiction. You would not have access to the exchange’s dispute resolution mechanism. And you would not be covered by the investor grievance redressal mechanism that the exchange administers for its registered members.
In plain terms, if you deal with this channel and lose money, there is no exchange-backed process to help you get it back.
If you ever need to complain about a SEBI registered entity
This particular Telegram channel is not registered with NSE or SEBI, so the standard intermediary complaint routes do not apply to it directly. But it is worth knowing where to go if you ever deal with a broker, adviser or portfolio manager who is registered and something goes wrong.
Start with SEBI’s own SCORES portal to file a formal complaint against any SEBI registered entity: SCORES SEBI complaint portal
If your grievance is against a stockbroker specifically, here is how to raise it correctly: file a complaint against a stock broker
For issues with a research analyst who gave you paid recommendations, there is a separate process: complaint against a SEBI registered research analyst
Problems with a registered investment adviser follow their own track, explained here: file complaint against an RIA
If a portfolio manager mismanaged your funds, this guide walks through the steps: how to file a complaint against portfolio managers
General complaints against any SEBI registered intermediary can also go through this route: complaint against SEBI intermediaries
For exchange level issues, NSE has its own investor grievance process: file a complaint in NSE
BSE runs a similar portal for disputes on its platform: BSE complaint portal
If your complaint doesn’t get resolved directly, SEBI’s online dispute resolution mechanism is the next step: Smart ODR complaint portal
Frequently asked questions
1. What did NSE say about the Deepak Wadhwa Telegram channel?
In a press release dated August 28, 2026, NSE cautioned investors against an individual operating mobile number 9462407559 and a Telegram channel called Deepak Wadhwa, saying they offer stock tips, guaranteed returns and account handling in exchange for trading login credentials, without being registered with the exchange.
2. Is offering guaranteed returns on stock trading legal?
No. NSE’s notice states that offering indicative, assured or guaranteed returns in the stock market is prohibited by law, regardless of who is making the offer.
4. Should I share my trading login and password with anyone offering account handling?
No. NSE specifically advises investors not to share trading credentials such as user ID and password with anyone, since it removes your ability to control or verify what happens in your own account.
5. Is Deepak Wadhwa registered with NSE or SEBI?
No. NSE’s notice states that the individual operating this Telegram channel and mobile number is not registered either as a member of the exchange or as an Authorised Person of any registered member.4.
6. How can I check if a stockbroker or adviser is actually registered?
Use NSE’s Know or Locate your Stock Broker tool at nseindia.com/invest/find-a-stock-broker, which lists registered trading members, their Authorised Persons, and the official client bank accounts disclosed to the exchange.
7. What happens if I lose money dealing with an unregistered Telegram tip provider?
NSE’s notice states that investors dealing with such prohibited schemes will not have access to investor protection under the exchange’s jurisdiction, its dispute resolution mechanism, or its investor grievance redressal mechanism.
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