Stock Investing Strategies

Stock investments

rainbow

Archive for May, 2017

Incorrect email for demat account or phishing

Some people are giving incorrect emails for their demat account.

We would like to bring to your kind attention that a debit balance of Rs. 1536.3 is reflected in your ledger account as at the end of business today. This could be on account of your transactions today or the debit balance could be continuing from your earlier transactions. As per Exchange regulations, all your obligations have to be met by the pay-in day. Since this sum is outstanding, please deposit this immediately, preferably through an online bank transfer. In case you make this payment through a cheque, then please note that the credit will be given only after the funds are actually realized in our bank account. In the meantime, delayed payment charges will be levied on your account for the duration of the debit.

This message may please be ignored if you have already made payment.

IMPORTANT: RISKS OF HAVING A DEBIT BALANCE
Since all debit balances are supported by the underlying security of the stock purchased and/or stocks lying in your DP account, these stocks (wholly or partially) are at continuous risk of being liquidated at any time without notice (even prior to the pay-in day) in case their market value falls and does not adequately cover this debit balance. To ward off this risk, we would once again urge you to please clear this debit balance immediately, failing which your equity shares and/or F&O positions are at risk of being sold/terminated at any time without further notice.