Friday, August 10, 2007

Share Khan or Sheer Wimp?

I would like to bring to the readers' notice, a glaring example of misconduct shown by the stock broker company Share Khan. This happened to my father, who frequently buys and sells stock through such brokers. I will fill in the complete details later, as soon as I get them from my dad. Here is what happened:

1. My parents live in Gorakhpur, where my father is posted as the manager of the city branch of a nationalized bank. Share Khan insisted that my father open an account with them, which he did. This account can be monitored online.

2. Whenever the customer wishes to buy/sell shares, he just calls up the company's local office/agent who then follows up with the request. Companies like IndiaBulls and Karvy call up the customer on the same evening to confirm the transactions. A written confirmation arrives 2-3 days later. This minimizes the need for online confirmation. However, Share Khan does not make either telephonic or written confirmations.

3. Since my father is not used to checking his account daily, he usually checks it online every 3-4 days or so. Around a month after he had opened his account, on July 6th he saw an unauthorized transaction worth approximately Rs. 2 lakhs, that had taken place on 3rd July. My father immediately called up the local office and he was assured that it would be redressed.

4. To his horror, my father realized during subsequent days that there were more unauthorized transactions on 9th, 10th, 12th, 16th and 17th July. Some of those days saw as much as Rs 15 lakh worth of unauthorized transactions. In all, the total unauthorized amount transacted was more than Rs 50 lakh rupees. Here I would like to clarify that:
a) My father was unaware of these subsequent transctions because these were logged online after a huge gap of around 8-9 days after the actual transaction had taken place. This kind of lag in logging financial transactions is totally unheard of, as the other companies log their transactions by the end of the day.
b) Even after my father's complaint after the first transaction, the agent incharge of the account was not taken off the account (let alone fired). He was operating for atleast three more days.

5. Finally on 20th, my dad met the marketing guy who had opened the account. He claimed that the invested stocks were showing a loss of Rs 20,000. If my father would bear half of that, the rest would be born jointly by the staff at Gorakhpur. After giving this ridiculous option, he went on to say that he would only be able to contribute his part on 1st August when he gets his salary. My father then emailed the head-office about the whole matter.

6. The head-office asked an officer from Lucknow to look into it. The guy, however, came and went without meeting my father inspite of an appointment. Later, an officer from Delhi came to Gorakhpur twice but the visits were fruitless. On his second visit, he could not spare any time to meet my father and discuss the issue.

7. My dad then met the local manager, who was ordered by the head office to deal with the issue. He said that the invested stocks were showing a loss of around Rs 87,000 rather than Rs 20,000 as mentioned before. He said that the company was willing to pitch in around Rs 50,000 and dad would have to "bear" the rest of the loss. The manager used an emotional crutch, saying that otherwise he himself would have to pay Rs 37,000 from his pocket, which is obviously a huge drain on a middle class person like himself. He forgot that my dad is also a middle class salaried person, who is suffering for no fault of his.

8. The agent incharge (Alok) was sacked from his job. He then called up my dad, requesting him to take his complaint back so that he can return to his job (what naivety!) When his requests failed, he asked his father to call up my dad on his behalf. The father began with apologies, and ended with saying "baad mein mat bolna ki warn nahi kiya" (Don't crib later that I didn't warn you). There is hardly anything you can say to a person like that. Later on, the editor of a local newspaper called up my dad, requesting to withdraw the complaint. He too, ended the conversation on a similar note. By this time, my parents were apprehensive, especially considering that they are in a mafia-ridden place like Gorakhpur.

9. Since 20th July, my father had written emails to the head office of Share Khan, complaining about the inaction, and did not got a single written response. At first he used to get phone calls to the tune of "we are looking into it", but one fine day, he got a call saying "aapko itni jaldi kya hai? roz email kar dete ho" (What's the big hurry? Why are you emailing everyday?). The SoB who said this probably hasn't ever been asked to recoup someone else's losses to the tune of Rs 87,000.

This is where matters stand now. At this point, our options are:
1. To go to the police and the court. This is our last resort because:
a) Any court case will be held in Bombay.
b) The case might drag on and we might have to spend a fortune paying the lawyers.

2. Contact a watchdog agency or some knowledgeable authority like Sucheta Dalal. We are in the process of doing this right now.

As a side note, I am told that unauthorized transactions are the norm in the industry, although at a much smaller scale. The agent incharge of my dad's account most probably made some initial losses, and to recover them, he made further and bigger unauthorized transactions. But why make unauthorized transactions in the first place? I suspect (although Share Khan haven't confirmed it), that the agents are paid commission on a per transaction or profit basis. I wonder why there are no checks in place.

I hope this serves as a wakeup call to all of you who are blissfully unaware of the shady dealings of such private companies.

120 comments:

Anonymous said...

Wow! This is crazy...seems wierd that shares can be purchased over phone...need some regulations to avoid such stuff

Manish

Parul said...

Gawd!
Never knew such heavily endorsed and advertised would do such a thing!

Asterix said...

@Manish: Transactions over the phone are fairly commonplace. However, the same should be confirmed asap (e.g. end of the day) so that everyone is on the same page.

@parul: You would be surprised to know how deep the rabbit-hole goes.

Anonymous said...

This has freaked me out completely!?!Both my parents invest heavily through ShareKhan...!must bring this to their notice...

Anonymous said...

Thats ridiculous and totally frustrating. Major frustration is that we can't do anything.
Other than blog can't it be put this on some other popular sites like rediff ?

Vandana said...

Shocking!! Losing any amount of money and like this.. is unbelievable. Suing them might be the best option.
Good luck.

Asterix said...

@anon1: yep, the more people know about this, the better.

@anon2: I dont know if rediff or any other site will publish stories without corroborating.

@vandana: Suing them might be expensive, time consuming and also laborious because Bombay's jurisdiction will apply.

The Golden Silence said...

This is disgusting yaar...

Corporate ethics have gone for a toss...

As a third option, I would suggest sending this story to local newspapers and getting this followed up via the newspaper editor or a journalist.

-TGS

adam said...

Hello I just entered before I have to leave to the airport, it's been very nice to meet you, if you want here is the site I told you about where I type some stuff and make good money (I work from home): here it is

Anonymous said...

Man! Classic case of aapka paisa humara paisa.

One of my friends saw his dad go thru something like this over some property, it was only when he got into university and his room mate's dad who happened to be some big shot in the police force ( really big ) hauled off the entire offending party's family to the jailhouse that things got resolved.

Yogesh said...

Also contact SEBI's investor relation service.

Shantanu said...

Amazing, especially since I thought Share Khan was a reputed operation. But being Gorakhpur, anything is possible (locally).

Asterix said...

@anon: No such luck for us. We do not know any bigshots, and won't know what to do even if we did!

@yogesh: Already did that. I am waiting for their acknowledgement card.

@shantanu: This seems to be a common problem across pure brokerage companies whose sole revenue source lies in stock trading. The Gorakhpur factor is not that important, atleast not right now.

shrivathsa said...

why don't you take action in the consumer court? consumer court can fix this problem of yours with ease, they will also impose a fine on the company for the trouble brought upon you.

Anonymous said...

I was going 2 open a a/c with sherkhan now after reading this I think i am not going 2 make iit.

Anonymous said...

amazing!i was also planning to contact sharekhan to start investing but after reading ur horror story,no way!!!

Gopal Agrawal said...

I had put aside 5 lakhs to invest in the share market. I am in the process of researching brokerage houses and I came upon this site as a result. After reading your story, I will definetely not be going with Sharekhan. Sorry for your loss, but your story is my gain (and hopefully, a loss to brokerages like Sharekhan who don't see it fit to remedy such situations).

REDDY said...

This is very Bad news for ShareKhan, I know this is good company, but these people also doing like fraud means it's very bad.

Anonymous said...

SEBI's Investor Relation Services is the first best option.

Sareeka said...

just happened to read your blog while searching fot best online trading company......was almost sure of dealing thru sharekhan but now i going to think a number of times.
This article has been really importatnt for me......
Thanks a lot

Anonymous said...

I had almost finalised opening account with ShareKhan, but after reading your article I'll never open it with them.
ICICI direct provides option to buy / sell online including immediate online confirmation when transaction happens & does not require phone calls for buying/selling.

Asterix said...

@all: Am glad I could bring this incident to the knowledge of you all.

raja said...

Thank u for posting an information like this otherwise I would have opened an account hastily.Better dont leave him.if u have guts sort it by some means.

Anonymous said...

I also face same prblem with religare .RElationship manager to achive his target, without intimating me did transation on my account .it resulted into loss of rs97000 on my a/c in 2-3 days.
normally small investor not doing day trading so he can't look his accout on daily basis.Now after complainting to HEAD oFFICE,Branch Office no one still replying me frrom last 2 months,
any one please help me to sort out this issue

Anonymous said...

hey i am planning to invest some money in stocks...wow!!!! by reading this blog... i am feeling like not to invest anything in stocks.... i am not a daytrader...plz give me information regarding this.....I will not have much itme to do daytrading...once in a while i can see that.. so is it better to invest... if yes which is the bwst online stock brokerage company...

Anonymous said...

Hi buddy, I have been working in this industry for quite some time and can tell u tht this is a common porblem which many people face....
The best solution would be to log a complaint with sebi.You can do this online and once the complaint is logged in within 21 days u wud see some action being taken by shareKhan guys....
Hope the matter gets cleared of at its earliest.

Amandeep said...

Oh! my god
Can't believe it. I was insisting my dad to invest through ShareKhan on my behalf and if this is true i am gonna cancel my account . I hope the matter is resolved asap and justise is made against the culprit.

Vatsal said...

The culprit here is Sharekhan itself allowing such rogue dealers to handle such accounts. In such cases, all account holders should be vetted thoroughly.
I am closing my account.
Thanks for bringing this to public notice.

Anonymous said...

I am facing similar problem with Sharekhan UAE. They sold my stocks without my approval. My holdings are not shown in my demat a/c. I feel they are a fraudualnt bunch.

Uma said...

Avoid ShareKhan broker. They will make sure you make losses.
Read my blog about it:
http://itradestocks.blogspot.com/2008/05/third-finger-salute-for-nse-sharekhan.html

Uma said...

Avoid ShareKhan broker. They will make sure you make losses.
Read my blog about it:

http://itradestocks.blogspot.com/

chetansiddagiri said...

Hii
I am planning to invest some amount in stocks. After reading this, i am very much worried about openinng account with sharekhan. But some of my frnds hav eopened account wiht share kahn but they have not faced ant problem.

Michael said...

You should open an account as a corporation and not as an individual. You should make them sign your contract agreements.

Well, I am planing to open an account in India but India is still a CRAP. Trust me its never going to be better.

Anonymous said...

Thank you.I have already opened an account in this Company. Surely I will close my account. I have already faced some problems with marketing executives.Thanks once again.

Rama Raju,Visakhapatnam

Pras said...

They have an extremely week Portal infrastructure for their online trading portal. It crashes at the drop of a hat.You would not be able to use it when you need to do it. The authorities should cancel thier licence to offer an online portal. Customer service is very poor too

Anonymous said...

Do you hold a Sharekhan account? If so read on. If not still read on...

Have you checked your contract notes and calculated them? If not, do so now...

Sharekhan would have offered you a brokerage in % terms on the account opening form. Next to that column there was a column that said minimum. Did you fill that? If, yes... do you know that you are trapped? It did not say per share...

Yes... that means that without disclosing, Sharekhan is charging that minimum paisa per share or the % whichever is higher. 80% - 90% of the scrips you will trade will get calculated by that paisa per share... Lower the cost of the scrip per share, higher the percentage.

If that minimum paisa is 5, then your percentage on brokerage can be as high as full 5%

If that minimum paisa is 4, then your percentage on brokerage can be as high as full 4%

If that minimum paisa is 3, then your percentage on brokerage can be as high as full 3%

If that minimum paisa is 2, then your percentage on brokerage can be as high as full 2%

By showing you a lower brokerage in % terms, they are putting in the minimum paisa per share without disclosing in on the account opening form.

BEWARE OF THE TRAP - CHECK YOUR CONTRACT NOTES - AND THEN SULK.

YOU MAY HAVE PAID 4-5 TIMES MORE THAN ICICIDIRECT.COM EVEN....

Anonymous said...

This is really shameful for the company itself, because for the sake of increasing the volumes of their segments, their staff persons are playing with the money of the innocent investors, above this with sentiments. One should have to learn about his/her rights to start investing in the stock market directly.
Yes, as others comments posted on the web have to contact SEBI with detailed transactions.

sameer kulpaty

Anonymous said...

Dear visitors,

From so many days everyone is feeling quite bore while working in Indian stock market
as very less movement is there. NSE and BSE graphs are not moving which are forcing people to just sit back but now market is expected to witness a breakout.

just enjoy it.

Moreover now you can have free access to Weekly Newsletter and Stock research reports on our website.

For any doubt please feel free to ask us.


Thanks

Regards

SHARETIPSINFO TEAM

Anonymous said...

Thanks for the information.I was searching for a good online trading website and I was almost going to contact Sharekhan.Also because opening ICICIDIRECT account is cumborsome here in Dubai.They need lots of documents.I would however, now go with them.

Anonymous said...

Hi,
Discipline is the key now if you are a trader or investor in the stock market. As all global markets including Indian stock market have become highly volatile because of which many investors and traders are burning there fingers. Still we suggest there are lot many opportunities which can let you earn a lot from stock market.
We strongly advise everyone not to follow rumors and follow technical analysis.
If you have any doubt, lets share it in this blog and it will help lot many other traders.


Regards
SHARETIPSINFO TEAM

Anonymous said...

Dear Friend,
In fact I visited ShareKhan website and left my contact details for opening an account. The representative is calling me every day to fill up the forms. I have been postponing it for some reasons or the other. Now, I will have to think again before opening an account with ShareKhan. Thank you once again.

anirban said...

I have been cheated terribly... have lost almost 50000 Please think 500 times before opening an account .... SHaREKHan are big frauds............

jaspreet said...

Sharekhan agents hacked my online account and made sold my whole portfolio and bought some options from it for which there was no buyer in mkt .. Thats another way of transfering money i guess. I suffered a loss of 4 lakhs . I called them up . My account is in mumbai but i stay in delhi so no one is helping . They say only if SEBI says then they will investigate. This happened in May , election time.I have filed a complaint with delhi police but no progress. Please help me and if someone has faced similar prob , contact me on jaspreet1408@gmail.com

sharetipsinfo said...

Hi,

Indian stock market is one of the most volatile market. Its two main stock exchanges are NSEand BSE. Both exchanges generally follow same trend.

NSE and BSE offers platform for investment in Indian stock market. In India there are many traders who prefer NSE over BSE as they consider BSE
as more volatile exchange but truth is that all exchanges be it NSE, BSE or LSE are volatile and should not be considered as a place for speculation.
One should strictly follow technical analyses if they want to earn regularly from any stock market.

Please remember analyses of stock market be it technical or fundamental do help!!

Regards
SHARETIPSINFO TEAM

Anonymous said...

Hi,

Stock market India is volatile and all those who speculate in market are loosing everyday. Please remember stock market is not for speculation purpose. If one feel investing in stock market is gamble then its better to think again.

One should always note that if they want to invest money they should do proper research be it fundamental research or technical research. Just think how come you can invest
your money without any convincing reason for the same?

Indian stock market is one of the most happening and emerging market. Major Indian stock exchanges are BSE and NSE and both are of world class standards.

So grab good stocks and invest that’s the bottom line.

We hope to see you in major profits.

Regards
SHARETIPSINFO TEAM

sharetipsinfo said...

Hi,


The market is currently enjoying a good rally which has seen most stocks gain from competitive advantage and it would be advisable for all stock market enthusiasts to seize this opportunity and plan their investments in a safer yet conducive stock market. With NIFTY hovering around 4800-4900 +, it is expected to take hold of this currently rally and be realistically be closest to 5000 more so than before in what should be its new 52 week high.

Lot many untouched stocks are still there which are ready to blast any moment.



Regards
SHARETIPSINFO TEAM

sharetipsinfo said...

Hi,

Stock market India is volatile and all those who speculate in market are loosing everyday. Please remember stock market is not for speculation purpose. If one feel investing in stock market is gamble then its better to think again.

One should always note that if they want to invest money they should do proper research be it fundamental research or technical research. Just think how come you can invest
your money without any convincing reason for the same?

Indian stock market is one of the most happening and emerging market. Major Indian stock exchanges are BSE and NSE and both are of world class standards.

So grab good stocks and invest that’s the bottom line.

We hope to see you in major profits.

Regards
SHARETIPSINFO TEAM

INDIAN STOCK MARKET TIPS said...

Instead of blindly following tips provided by so-called analysts in the stock market, it is always better to follow a strategy on your own. Find out which strategy suits you best and follow it religiously and you are sure to win in the Indian Stock Market

Thank you
Team NiftyFutureKing

sharetipsinfo said...

Hi,

Stock market India is volatile and all those who speculate in market are loosing everyday. Please remember stock market is not for speculation purpose. If one feel investing in stock market is gamble then its better to think again.

One should always note that if they want to invest money they should do proper research be it fundamental research or technical research. Just think how come you can invest
your money without any convincing reason for the same?

Indian stock market is one of the most happening and emerging market. Major Indian stock exchanges are BSE and NSE and both are of world class standards.

So grab good stocks and invest that’s the bottom line.

We hope to see you in major profits.

Regards
SHARETIPSINFO TEAM

Anonymous said...

I also had very bad experience with sharekhan.the customer service is too bad.

pooja said...

never open sharekhan account ,once you open an account you will never be able to spk to customer care, they just dont care, i am suffering

Anonymous said...

hi............. very happy with everyone of you , you spend precious time of yours to help and guide others.... great .... keep it up........

koushik said...

This is obviously one great post. Thanks for the valuable information and insights you have so provided here. Totally agree with you! Very good listing and everything is true. I would also like to have articles on nifty stock charts which some good sites are publishing. Thanks a lot for a bunch of good tips. I look forward to reading more on the topic in the future. Keep up the good work!

Madanika said...

Fantastic article, well written and extremely useful, thanks. This information is great to me. Thank you guys for your awesome posts. I have been looking for this for a while. I found articles related to share market on free stock market tips but not so useful. I have read each and every bit of it of this post and feel like all the information is covered here. Thanks for taking your time to post such informative articles. Good one!

naveen said...

"This is obviously one great post. Thanks for the valuable information and insights you have so provided here. Totally agree with you! Very good listing and everything is true. I would also like to have articles on bank nifty chart which some good sites are publishing. Thanks a lot for a bunch of good tips. I look forward to reading more on the topic in the future. Keep up the good work!

harsha said...

This is one of the most interesting articles I ever read. Very helpful! So many thanks for you guys. Thanks for putting this together. I will make sure to refer this site along with nifty options tips site when training new people in the Indian stock market or financial and investment field. With all heart I must say that this is an amazing post with so much to learn from.

Unknown said...

Nice piece of text I must say that will help me, thank you. Everyone around the stock markets here has read the book but the articles on this site are available no where. Also it would be good to some more supporting articles on nifty 50 . I strongly recommend investors of Indian stock market to read the posts and articles of this site to know more and get aware of everything.

Madanika said...

Extremely good, very useful and informative I think this article is really helpful especially for someone like me. I read the whole article and I printed it for reference for later on. Investing is really a good idea to have good returns but at the same time risky too. I recommend every one to read articles here and on stock market complaints before proceeding. Thank you for such a great article.

Unknown said...

Excellent article guys. Some love for you: I bookmarked the article and I feel like recommending this site for freshers of Indian stock market and investment field. Really help ful post. I also like to recommend some posts of nse charts for starters like me. Thank you very much for your efforts kept here to make us know everything. Great work and impressive. Keep going.

NIFTY said...

"This is obviously one great post. Thanks for the valuable information and insights you have so provided here. Totally agree with you! Very good listing and everything is true. I would also like to have articles on nifty futures which some good sites are publishing. Thanks a lot for a bunch of good tips. I look forward to reading more on the topic in the future. Keep up the good work!

sagar said...

Extremely good, very useful and informative I think this article is really helpful especially for someone like me. I read the whole article and I printed it for reference for later on. Investing is really a good idea to have good returns but at the same time risky too. I recommend every one to read articles here and on free stock market tips before proceeding. Thank you for such a great article

Rachna said...

Great post guys. This'll keep me busy for years. I've been subscribing to many RSS feed for months, but somehow I missed this great list. This article helped me a ton. I came across articles on nifty chart but I find this information very useful. Great work!

raja said...

Excellent article guys. Some love for you: I bookmarked the article and I feel like recommending this site for freshers of Indian stock market and investment field. Really helpful post. I also like to recommend some posts of nifty options for starters like me. Thank you very much for your efforts kept here to make us know everything. Great work and impressive. Keep going.

nifty said...

This is one of the most interesting articles I ever read. Very helpful! So many thanks for you guys. Thanks for putting this together. I will make sure to refer this site along with nifty future chart site when training new people in the Indian stock market or financial and investment field. With all heart I must say that this is an amazing post with so much to learn from.

Rachna said...

Fantastic article, well written and extremely useful, thanks. This information is great to me. Thank you guys for your awesome posts. I have been looking for this for a while. I found articles related to share market on nifty calls but not so useful. I have read each and every bit of it of this post and feel like all the information is covered here. Thanks for taking your time to post such informative articles. Good one!

Madhu Netha said...

Very very useful information. I think this is a top article for everyone here around in the stock market and investments. It’s very nice to read this article. This is extremely helpful for me and hope for every one too. Please also give me other links for articles on Indian stock market like nifty intraday . I once again want to thank the author of this page and article for giving me such a wonderful post. Keep going!

vinay said...

This is one of the most interesting articles I ever read. Very helpful! So many thanks for you guys. Thanks for putting this together. I will make sure to refer this site along with free stock tips site when training new people in the Indian stock market or financial and investment field. With all heart I must say that this is an amazing post with so much to learn from.

nifty said...

Nice piece of text I must say that will help me, thank you. Everyone around the stock markets here has read the book but the articles on this site are available no where. Also it would be good to some more supporting articles on nifty stock charts . I strongly recommend investors of Indian stock market to read the posts and articles of this site to know more and get aware of everything.

srivastav said...

Wow, now that's what I call a comprehensive list with loads of good information and relevant links. Thanks guys for putting that together and updating it, much appreciated! Just like this article I also found one on Nifty options trading but this is really awesome. I will work with these tips. A great Thanks for the people who are behind these tips

Sadanand said...

Very very useful information. I think this is a top article for everyone here around in the stock market and investments. It’s very nice to read this article. This is extremely helpful for me and hope for every one too. Please also give me other links for articles on Indian stock market like nifty tips. I once again want to thank the author of this page and article for giving me such a wonderful post. Keep going!

satish said...

Excellent article guys. Some love for you: I bookmarked the article and I feel like recommending this site for freshers of Indian stock market and investment field. Really help ful post. I also like to recommend some posts of live nifty chart for starters like me. Thank you very much for your efforts kept here to make us know everything. Great work and impressive. Keep going.

Paul said...

thanks for this post. I especially think #1 is a great tip., This post makes a great point about focusing your efforts.

stock tips,equity tips | Currency Trading Tips,Forex Tips,Forex Pairs

MCX Tips said...

We are best intraday trading tips provider for stock tips, nifty tips, bank nifty tips, option tips. Genuinely we update performance report every day. We have maintained at most steady accuracy of above 90%.
Free Commodity Tips

sharetipsinfo said...

It doesn’t matter if you are Share market
trader or you started trading first time, you need to be very careful while trading. Many investors are not able to stay in profit for a long time because of the lack of trading knowledge. So let’s start discussion and see what everyone has to say about it.

Paul said...

thanks for this post. This post makes a great point about focusing your efforts.

stock tips,equity tips,stock market india | Currency Tips,Forex trading Tips,Forex Pairs | commodity tips

Free Intraday Stock Tips said...

It's glad to see good information being convey. Its a very nice written, and I really like this blog. Thank you for sharing this info.

Regards: Share Market Tips

Stock market trading said...

Sharemarketzone is a network of various top stock market analyst who are posting their research at one place for the various stock market traders and investors for free

Stock Tips said...

Great work! This is the type of info that should be shared around the web. Shame on the search engines for not positioning this post higher! Come on over and visit my web site . Thanks =)

SHRISTOCKTIPS said...

SHRISTOCKTIPS is the Best share market Tips provider for Equity, Nifty, Future, Stock Options (Call & Put) & Commodity for intraday & as well as positional which are useful for intraday trader & short to medium term investors. We provide tips by a dedicated SMS server & by yahoo messenger. If you join us you will get a handsome profit. But only in the case if you follow our levels strictly.
Would like to add few notes here like if we are trading inSHARE MARKET TIPS FREE NSE, BSE TIPSsay specially in NSE and BSE which are one of the most popular stock exchanges of the world then we need to take care of the few things like

Regards
SHRISTOCKTIPS TEAM

share market tips said...

Thanks for sharing the information. That’s a awesome article you posted. I found the post very useful as well as interesting. I will come back to read some more. share market tips

BIGPROFIT BUZZ said...

Whole sale Price Index (WPI) inflation for January 2013 positively moderated for the fourth straight month and slipped below 7.0% for the first time since December 2009, marking a three-year low. Headline WPI inflation stood at 6.6% yoy in January 2013 as compared to 7.2% yoy in the previous month as well as in January 2012. On a 3MMA basis, headline WPI inflation eased to 7.0% yoy as compared to 7.3% yoy in November 2012. Core inflation receded for the fifth straight month to 4.1% yoy as compared to 4.2% yoy in the previous month and 7.0% yoy in the corresponding period of the previous year.

Regards
BIGPROFITBUZZ TEAM

BIGPROFIT BUZZ said...

Whole sale Price Index (WPI) inflation for January 2013 positively moderated for the fourth straight month and slipped below 7.0% for the first time since December 2009, marking a three-year low. Headline WPI inflation stood at 6.6% yoy in January 2013 as compared to 7.2% yoy in the previous month as well as in January 2012. On a 3MMA basis, headline WPI inflation eased to 7.0% yoy as compared to 7.3% yoy in November 2012. Core inflation receded for the fifth straight month to 4.1% yoy as compared to 4.2% yoy in the previous month and 7.0% yoy in the corresponding period of the previous year.

Regards
BIGPROFITBUZZ TEAM

sharetipsinfo said...
This comment has been removed by the author.
stock market tips said...

It is my great pleasure to visit your website and to enjoy your excellent post here. I like that very much. stock market tips

commodity tips said...

I always like your blog post because you always comes with different ideas and information. I always shared your site post with my friends. Keep posting and i will follow you. Commodity Tips

intraday tips said...

I always like your blog post because you always comes with different ideas and information. I always shared your site post with my friends. Keep posting and i will follow you. <intraday tips

forex tips said...

This is so cool. I am such a huge fan of their work. I really am impressed with how much you have worked to make this website so enjoyable. Forex tips

Sock tips said...

I always like your blog post because you always comes with different ideas and information. I always shared your site post with my friends. Keep posting and i will follow you. Stock tips

sharetipsinfo said...
This comment has been removed by the author.
BIGPROFIT BUZZ said...

Financial discipline and patience are the two most important basis for making money in the stock market. It is well established that the investors who stayed in the market who held their stocks over a significance period, have become wealthiest. You will observe that you will multifold your money by following our advice.
Now we should conclude that we can come together to manifold your investments in the stock market. This is a wellSHARE MARKET NSE BSE AND COMMODITY TIPS INTRADAY TIPSbeginning and in the near future you will be benefited, as has been observed in case of our thousands of customers/clients. We assure you to give our prime attention to your valued suggestions please.
Regards
BIGPROFITBUZZ TEAM

SHRISTOCKTIPS said...

Indian stock market tips, indian commodity market tips, share market tips, nse bse stock tips, intraday tips, deleivery, BTST, STBTt, Nse Bse intraday tips, technicalSHARE MARKET FREE TIPS Intraday NSE BSE TIPSanalysis, mcx, free mcx tips, free stock tips, nifty future tips, mininifty, bank nifty, call option, put option, stock option, nifty option, gold, silver, crude, copper, bullion, agro, mcx trading calls, base metal, online trading.
Regards
SHRISTOCKTIPS TEAM

Stock tips said...

I always like your blog post because you always comes with different ideas and information. I always shared your site post with my friends. Keep posting and i will follow you. Stock tips

Anonymous said...

Pathak. Your story is really eye opening. I want to open a trading account and was researching for the same when I came across your story.

Now it has been almost six years. Readers would like to know what is present status of your story. Please share it with us.

I have come across one more similar story regarding Sharekhan. I am sharing it with you and all readers. It is a court document.
http://www.indiankanoon.org/doc/124527629/

INTRDAYTIPS said...

Very nice blog and Thanks for sharing

Day Trading tips |share tips for day traders |Nse tips

abhishek singh said...

People say gold is cash money, we say trading in gold is money is, because truly it is. There are gold investors all over the world who are making a remarkable money, it's a well kept secret. But according to commoditytradingcall will help you to become effective and smart trader in gold trading tips, we will help you to learn our program of dealing and help you reach your financial targets. No more having to work for somebody else, no more having to battle traffic or work with other individuals you don't get along with. Welcome to the magic of learning how to business or trade in gold using our unique and effective trading plan.
Either you are making money with Intraday Trading Tips, Intraday Mcx Tips, gold tips or sureshot mcx tips, we will help you to gain more an more.

Moneycontrol said...

Hyderabad-based Dr Reddy's Laboratories surpassed analysts' expectations with consolidated net profit growing 69.4 percent year-on-year to Rs 690.3 crore in three-month period ended September 2013.

Moneycontrol
Moneycontroltips

BigProfitbuzz said...

BigProfitbuzz is an Indian stock market advisory firm. BigProfitbuzz proven month after month that trading and investing in stock market can be profitable whether market is bull or bear. As suggested last week our all client made a very good profit in the buy position of NIFTY .Now for the coming week we suggest all the traders to make a sell position in NIFTY around 6200-6250 with stop loss 6400 for the target of 5900-5800.This is due to that NIFTY is unable to sustain its peak so traders can make a sell position to make some profit. You can also can make sell position in NIFTY stocks also. But keep the strict stop loss of 6400 for the NIFTY & NIFTY stocks. For further update visit our website

SHRISTOCKTIPS said...

Share Market Investment made profitable by SHRISTOCKTIPS- Get NSE/BSE Tips via SMS and Yahoo Messenger. As suggested last week that NIFTY & NIFTY stocks has shown consolidation. Till now consolidation is not completely over so we suggest all the traders not to trade with a heavy quaintly. Best strategy one can follow in theNSE BSE, INTRADAY TIPSmarket is can make a buy position at current level 6100-6150 & can do average around 6000-6050 with stoploss 5900. This is best strategy trader can follow to earn a good profit. NIFTY is still in consolidation phase but it is sure that NIFTY has entered in the bullish trend so be in the buy side to earn a handsome profit. For further updates you can visit our website.
Regards
SHRISTOCKTIPS TEAM

Powerof TradingCom said...

Today indian share market is so fluctuating that it is very hard to work & earn money but some companies giving really very good calls so that we can earn in this Share market. PowerofTrading.com is one of them. They are giving regular 5-7 calls with more than 98% accuracy. Go for Free Share Market Tips

Regards
POWEROFTRADING TEAM

You can go for Bux Website to start earning money visit Ninja Bux -
Earn Money through Bux Website

You can use the full Guide which guide you all - Neobux Guide

BIGPROFITBUZZ said...

BigProfitbuzz is an Indian stock market advisory firm. BigProfitbuzz proven month after month that trading and investing in stock market can be profitable whether market is bull or bearNSE, NIFTY TIPS For the coming week from 30th dec Trader can make a buy position in NIFTY at the level of 6250-6300 with stoploss 6150 for the target of 6500-6600.One can also make a sell position in NIFTY 50 stocks with the stoploss as mentioned before. This will be the best strategy one can follow because now the time to NIFTY to show some consolidation. That's why we are keeping sell positions. Trade only in the blue chip stocks to be in safe profits. If want good calls in the market then fill our trial form & get them. We believe in Low risk for sufficient profit.
Regards
BIGPROFITBUZZ TEAM

Stock Market Tips said...

This is the first time i am reading your post and admire that you posted article which gives users lot of information regarding particular topic thanks for this share.

Share Market Tips said...

wow thats a gr8 article thanks for sharing with us..

Share Market Tips

BIGPROFITBUZZ said...

BigProfitbuzz is an Indian stock market advisory firm. BigProfitbuzz proven month after month that trading and investing in stock market can be profitable whether market is bull or bear. As said last time we made a sell position in NIFTY around 6200-6300 we booked the profit around 6100. All our paid clients made a very good profit. Now for the comingMCX, COMMODITY TIPS week we suggest all the traders to make a buy position in NIFTY around 6200-6300 with stoploss of 6050 for the target 6550-6700. We know these levels are low but we are very much sure that this is the very safe level to trade. So wait for the level to take your position in the market. Traders can also make buy position in NIFTY 50 stocks according to the level of NIFTY. If want good calls in the market then fill our trial form & get them. We believe in Low risk for sufficient profit.
Regards
BIGPROFITBUZZ TEAM

abhishek singh said...

Nice blog and very informative thank you for sharing us.
Stock Option Call

Mcx Guru said...

There are lots of people are Investing in share market and commodity market. This market is the one of the most famous business formula to expanding our money in a short time also the style of trading has been changed. Now the Traders are taking suggestion from a share market adviser who have good knowledge about commodity and share market. If we want to get positive calls or tips so we should always take advice from a knowledgeable advisory company. who provide tips like Mcx Jackpot Call,
Commodity Jackpot Call, and more. It will beneficial for us and that time we will not be chance to loss.
Thank you,

Commodity Tips said...

Hello! I've been following your site for some time now and finally got the courage to go ahead and
give you a shout out from India! Just wanted to mention keep up the good
work!
Commodity Tips

deepak sahu said...

Need Commodity Tips

rohit puri said...

I opened up a trading account with Sharekhan Limited one year back in 2014. My account was opened with sector-38, Chandigarh branch. Initially their representative Manohar mobile no.(9872882154) committed me that this account is opened up free of cost and there are not going to be any annual maintenance charges for lifetime. But after one year i got a message that i need to 500 rs annual maintenance charges ( 250 rs after every 6 months). When i called up at their sector 38 branch they said yes you need to pay these charges. I talked to Manohar and he simply refused that he committed me about the lifetime free charges. Then i realized that it is a trap set by the company representatives so that they can achieve their sales target. I feel cheated. Moreover, Manohar is rude to me. I don’t know how to get my problem solved as nobody wants to help me. I want to tell people that don’t deal with Sharekhan Limited as it is a fraud trading company. I am duped, cheated and harassed

Vivek Kumar said...

This is the perfect blog for anyone who wants to know about stock tips today topic. It contains truly information. Your website is very useful. I admire the valuable advice you make available in your expertly written content. I want to thank you for this informative read; I really appreciate sharing this great.

pranjali upadhyay said...

I am very appreciate the way you have expressed your thinking through your blog!thanks and Keep it up Free Share Market Tips

Accurate Stock Tips said...

Thanks for supporting your time to post such an interesting & useful content.Thanks so much, I appreciate your work.
Accurate Stock Tips

as said...

Indian hni database nri investors lists
indian stock investors databases

Krishna Mishra said...

This is the best blog of market.

Commodity Crude Oil Tips

aditi said...

Stock market is highly volatile and keeps on fluctuating rapidly with no fix frequency. And to manage risk of investment in it is required that you use proper and accurate trading tips , stock tips , commodity tips while trading.

Best Mcx Calls said...

Waooo this blog is very useful and knowledge.

thanks,

Commodity Tips Free Trial

Khushboo Gupta said...

I read each line of article, well informed. Looking for more useful post and really appreciate for this wonderful work. Can you provide Equity Tips service.

Crude Oil Jackpot Call said...

Crude Oil Jackpot Call India’s leading crude oil tips Provider Company offering advanced analysis in MCX Tips Free Trial, Commodity Tips Free Trial,Commodity Tips Free Trial On Mobile, Mcx Tips Free Trial On Mobile, Crude Oil Tips Free Trial On Mobile, commodity Mcx market.

Crude Oil Tips Free Trial On Mobile

Safal Trading said...

Safal Trading offers commodity tips free, trial,intraday tips free trial, on mobile,mcx commodity tips free trial, mcx jackpot call free tipscommodity jackpot free services.


Mcx Tips Free Trial On Mobile

Free Commodity Trading Tips said...

waoo nice post about "Share Khan or Sheer Wimp?"

Thanks,

Intraday Tips Free Trial

محمد الجندي said...


صيانة توشيبا


صيانة غسالات سامسونج
صيانة ثلاجات كريازي
صيانة ثلاجات توشيبا

صيانة سامسونج
صيانة توشيبا
صيانة غسالات توشيبا
صيانة ثلاجات توشيبا

صيانة سخانات سيمنس
صيانة غسالات كريازي
رقم صيانة سيمنس
اسعار تكييف يونيون اير
مبيعات يونيون اير
تكييف يونيون اير