Stock Market Consultancy – Best Stock Market Advisory Company In India 2021 ? What is Reality? (Must Watch Video)
Stock Market Consultancy – Best Deal Right Now?
Stock advisory company in India are supposed to help an investor to invest in the right opportunities which can create wealth in the long term. But what is reality ?
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The below pointers will help you to find the best stock advisory company in India:
The first thing to check before subscribing to the advisory services of any stock market company in to check for its SEBI registration because only SEBI registered companies is permitted to give stock related advice in India to investors.
Prior to 2013, SEBI registration was not a mandatory requirement for stock market advisory firms in India, and there were thousands of companies involved in the business of giving stock investment tips and recommendations. While some of those companies were fraudulent companies, some were fly by night operators who would shut shop after lapping up subscription fees from a large number of investors.
To put an end to these malpractices and protect the interests of investors, SEBI introduced Investment adviser and Research Analyst ACT in 2013, making SEBI registration mandatory for stock market advisory firms. The new norms introduced by SBI included mandatory KYC documentation and risk assessment of each client.
This video is made in year 2020 in Hindi language.
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