r/IndianStockMarket

Hi Team

I was evaluating INDmoney vs vested. Wanted to transfer funds from fidelity/morgan Stanley in order to diversify but wanted to confirm the withdrawal process from both

I mainly wanted to know how do you guys negotiate rates when you withdraw money from INDmoney ?
In vested, we have option to withdraw money in USD and then we can negotiate with our RM on the conversion rates. But INDmoney doesn’t seem to have that option

Has anybody evaluated this before ?

If someone is currently a discretionary trader (profitable) no background in tech and wants to build its own High Frequency Trading firm what should be ideal capital to start from scratch???

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I have around ₹5 lakh and I’m looking to grow it to ₹10–15 lakh over the next 1–1.5 years because I need the money for my sister’s wedding.

I generally invest only in the Indian stock market. I know these kinds of returns are risky, but I’d like to know which stocks people think have strong upside potential during this market correction.

Please suggest 2–3 stocks and mention:

- Current price & target

- Stop-loss

- Why you like the stock

- Valuation/fundamentals

- Sector growth story

- Possible catalysts for a 2x/3x/4x move

Please don’t just drop stock names. I’m looking for proper reasoning so I can research the ideas myself.

Hi everyone,
I am an undergraduate college student and wanted to share how a SEBI-registered Research Analyst entity, Wealthy Brains (Proprietor: Akash Khatri, SEBI Regn No: INH000009764), took advantage of me, and ask for legal/arbitration guidance before my upcoming hearing.

1. The Modus Operandi & Cold Calling Trap
   In March 2025, representatives from Wealthy Brains (sales caller named Kirti, later joined by manager Sandeep) began cold-calling me.
   They leveraged their SEBI registration as an absolute guarantee of credibility, pitching an "Earn & Learn" program where they promised live market mentorship and claimed an "80% accuracy rate" with "8% to 10% daily return on capital."
   They gave me a trial demo trade, which yielded paper profits, convincing me to arrange an initial ₹5,118 registration fee via credit card.
2. Multi-Tier Extortion within 48 Hours (₹61,416 Total)
   Once the initial fee was paid, their manager sent a 30–40 page disclosure packet and explicitly told me over the phone: "No need to read that stuff, it’s just company formalities. Everything important will be handled live on call."
   They instructed me to deploy ₹30,000 capital into stock options without stop-losses. The position quickly started bleeding ₹20,000.
   Instead of risk management, they manufactured extreme panic: they refused to give exit guidance or recovery trades unless I paid additional fees.
   Over the next 48 hours, under severe distress, I was charged 4 separate overlapping invoices totaling ₹61,416:
3. 03 March 2025: ₹5,118 (Registration/Trial)
4. 04 March 2025 (Morning): ₹20,472 (Quarterly Classic Equity)
5. 04 March 2025 (Evening): ₹10,236 (Monthly Service, extorted while trades were bleeding)
6. 05 March 2025: ₹25,590 (Platinum Upgrade under duress)
7. Sham SMS Logs vs. Destructive Verbal F&O Directives
   Wealthy Brains broadcasted generic cash equity SMS alerts to simulate paper compliance. Over the phone, their callers explicitly ordered: "Ignore the SMS alerts; they are just regulatory formalities for SEBI. You are upgraded to our premium call desk—follow only our verbal instructions."
   They directed unhedged Nifty/Bank Nifty derivative trades, forced me to hold losing options overnight across expiry days, and pushed me to borrow/deploy my college semester savings (₹1.20 Lakhs), which was entirely wiped out.
   Whenever I tried to record their incoming calls, the automated alert "This call is now being recorded" played. They instantly hung up, called back, and threatened to terminate my subscription and withhold all assistance if I ever recorded them again. They claimed: "We are SEBI-registered, so our system records everything automatically under SEBI rules; you don't need to record."
8. Coerced ₹10,000 Partial Refund (Economic Duress)
   In July 2025, when I faced an urgent college tuition fee deadline of ₹9,500, I pleaded for a refund.
   Wealthy Brains withheld the funds and refused to release even a single rupee unless I emailed a pre-drafted message stating the issue was "resolved." Under financial duress, I sent it.
   However, on 21 and 22 July 2025, immediately after receiving the ₹10,000, I sent written protests clarifying that this was not a full-and-final settlement, that promises were unfulfilled, and reserving all rights to legal/regulatory remedies.
9. Current Case Status
   I filed complaints via SEBI SCORES, online FIR , and the NSE ODR mechanism. Pre-conciliation at NSE failed to resolve the matter.
   The dispute has escalated to formal Online Dispute Resolution on CADRE ODR claiming ₹51,416 (balance fees).
   In his formal reply on CADRE ODR:
   Akash Khatri admitted collecting all 4 payments in March 2025.
   He stated he is willing to produce records if directed by the Conciliator.
   He conceded that the legal enforceability of the ₹10,000 settlement under coercion is subject to the Conciliator’s determination.
   Questions for Legal & Market Experts:
10. Section 19 / Economic Duress: How do conciliators/arbitrators typically view forced "full and final" waiver emails when the client has contemporaneous written email protests lodged immediately after (21–22 July 2025)?
11. RA vs. IA Scope Violation: Since Wealthy Brains holds only a Research Analyst (RA) registration and not an Investment Adviser (IA) license, does providing personalized, live, one-on-one intraday execution instructions on call constitute an illegal advisory operation under SEBI regulations?
12. 5-Year Call Recording Mandate: Under Regulation 25(1)(vii) of SEBI (Research Analysts) Regulations, 2014, if the Respondent fails to produce their mandatory CRM audio logs of the calls where they gave verbal F&O directives, will the Arbitrator draw an adverse inference against them?
13. Escalation to Binding Arbitration: If they refuse to refund the ₹51,416 during conciliation on Monday, what specific points should I ensure are recorded in the failure report before the case automatically moves to CADRE Arbitration (45-day binding award stage)?
14. What additional steps can I take before SEBI Enforcement, RAASB (Research Analyst Administration and Supervisory Body), or the Consumer Forum to ensure their license is audited and other retail students aren't misled?

Never seen this type of selling.dii can't hold the market for long.we are going to 18k or 16k very soon