Sebi has warned investors against relying on live trading strategies and real-time market tips shared on social media platforms, saying such sessions may involve unregistered advisory services. In a release, the market regulator said some persons on social media are offering live trading strategies and real-time strategies to give real-time tips on taking positions in the stock market.
These sessions are being watched by a large number of viewers, with live chats enabled alongside the videos where unregistered advisory services are being exchanged. Sebi said such persons often present themselves as experts in the securities market and provide detailed views on when to invest, when to exit, what strategies to follow and what positions to take on market indices.
