Quick Summary
NSE has cautioned investors about a person named “Kunal”, operating through mobile number 8976221704 and a WhatsApp group named “Trading with Kunal”. In a notice dated October 29, 2026, NSE said the person is providing securities market tips and account handling services. The notice mentions no amount. It advises investors to avoid schemes offering assured or guaranteed returns, never share trading credentials, and notes that three Exchange recourses will not be available for such disputes.
Been added to a WhatsApp group full of stock tips by someone you barely know?
Read this before you reply.
On October 29, 2026, NSE cautioned investors about a person named “Kunal” and a WhatsApp group called “Trading with Kunal”.
This is the Trading With Kunal NSE caution, explained through the questions investors actually ask.
Who Is “Kunal” In The Trading With Kunal NSE Caution?
The notice gives very little to go on. NSE says it came to know of a person named “Kunal” who operates through a mobile number and a WhatsApp group.
It is a press release from Mumbai, dated 29th October 2026, under the heading “Caution for Investors”.
1. The Name In The Notice
The notice gives only a first name, “Kunal”. It gives no surname and no other identity details.
2. The Mobile Number
The mobile number listed is 8976221704. Match it exactly before you assume it belongs to the person you are dealing with.
3. The WhatsApp Group And Its Link
The group is named “Trading with Kunal”. The invite link printed in the notice is https://chat.whatsapp.com/GITdN9MfIiYGpEPGpmyi0g?s=cl&p=a&mlu=3.
What Services Does The Notice Say The Group Provides?
So who is named is clear. What is this person said to be offering?
The notice says the person is providing securities market tips and account handling services to investors.
1. Securities Market Tips
Tips are calls on what to buy or sell. The notice gives no example of a stock, price, or call.
Many investors ask whether WhatsApp and Telegram stock tips are legal, and it is worth reading before you act on any group’s calls.
2. Account Handling Services
Account handling means someone else operates your trading account. The notice names it as the second service, without saying how it was offered.
Handing over your account is a much bigger step than reading tips, and account handling services can blow off your capital when things go wrong.
Can Anyone Offer Assured Or Guaranteed Returns In The Stock Market?
Tips and account handling both lead to the same worry: what profit can anyone promise?
NSE is direct about it.
The notice advises investors not to subscribe to any scheme or product offering indicative, assured, or guaranteed returns. It says such offers are prohibited by law.
The notice does not say this group made a particular promise. If a group ever does promise fixed profits, you can report an assured return stock advisor with the right evidence.
Should You Ever Share Your Trading User ID And Password?
Account handling brings up the next warning, because it can involve someone else using your login.
The notice advises investors not to share their trading credentials, such as user ID and password, with anyone.
Your credentials open your trading account.
Anyone who holds them can place orders in your name, so change your password and contact your broker if you have already shared them.
Is Kunal Of Trading With Kunal NSE Registered Or Not?
Most readers want to know one thing before going further, which is whether this person is authorised. NSE answers it in a single line.
NSE states that the said person is not registered either as a member or as an Authorised Person of any registered member of the Exchange.
The line is about NSE membership only. The notice does not mention any other registration.
How Do You Check A Person Or WhatsApp Group On NSE’s Website?
You do not have to take anyone’s word for it, because NSE gives investors a lookup to check. The notice points to it at https://www.nseindia.com/invest/find-a-stock-broker.
It covers two checks.
1. Check The Member And Authorised Person
Use the tool to see the details of a registered member and its Authorised Persons. If the person does not appear as either, treat that as a warning.
2. Check The Designated Client Bank Account
Then look at where money is meant to go. The same page shows the designated client bank accounts that members disclosed to the Exchange to receive or pay money from or to investors.
NSE also keeps all its cautions in one place at https://www.nseindia.com/invest/advisory-for-investors.
What Happens If A Dispute Arises With A Prohibited Scheme?
Even with checks, things can still go wrong, and the notice is blunt about what follows. Participation in such schemes is at the investor’s own risk, cost, and consequences.
NSE adds that such schemes are neither approved nor endorsed by the Exchange. For any dispute, three remedies will not be available.
1. Benefits Of Investor Protection Under The Exchange’s Jurisdiction
This is the protection the Exchange gives to dealings within its jurisdiction, and you cannot claim it here.
2. The Exchange Dispute Resolution Mechanism
Next is the Exchange’s own process for settling disputes, which is also closed to you.
3. The Investor Grievance Redressal Mechanism Administered By The Exchange
Last is the route for taking a complaint to the Exchange, and that is shut as well.
4. What Is Still Open To You
Losing these three does not leave you with nothing. You can still write to SEBI, and it helps to know how to complain with SEBI before you start.
What The Notice Does Not Tell Us?
That covers what NSE said.
It is just as useful to know what the notice leaves out, so nobody fills the gaps with guesses.
- It gives no surname for “Kunal”.
- It states no amount collected and no number of investors affected.
- It does not describe any specific tip, call or promise.
- It does not say any action has been taken against the person or group.
How To Report A WhatsApp Group And Mobile Number?
The notice does not give a reporting route, so the steps below are general practice.
Start with evidence, because chats can be deleted.
1. Save The Evidence First
Screenshot the group name, the invite link, the messages, and the mobile number.
Keep payment receipts and bank statements.
2. Report The Group On WhatsApp
Use the app’s report option on the group and the contact. Note the date you reported.
3. File A Cyber Crime Complaint If You Paid
If money moved, file a cyber crime complaint online as soon as you can.
Conclusion
NSE named one person, one number, and one WhatsApp group, with two services.
It then repeated its standard warnings on returns, credentials, and lost resources.
Check anyone offering tips against NSE’s lookup before you pay, and never share a login.
Report. Recover. Stay Fraud Free.
NSE says a person named Kunal and a WhatsApp group named Trading with Kunal provide market tips and account handling. It cautions investors about both. NSE issued it on October 29, 2026 from Mumbai. No. It states no amount. The notice says the Exchange's grievance mechanism is not available for such schemes. You can still write to SEBI.Frequently Asked Questions
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