National Stock Exchange (NSE) has tied up with comedian 'Aiyyo' Shraddha and has introduced a ‘Money Minded Malini Series’, an initiative to educate investors about avoiding common mistakes while investing in the stock markets. In the first video, Shraddha talks about how naïve investors get tricked into tempting investments by unscrupulous market players.
As a part of the explainer on how investors can be duped of their investments in trying to make superficial returns, an individual bulk buys an undervalued stock and dupes their acquaintances of the growth prospects of the stock via SMS, social media, online video, misleading advertising and other platforms to create an artificial demand for the scrip.
This leads to a rise in interest in the stock and eventually a sudden jump in its share price. Post which, the individual dumps his bulk holding in the scrip, leading to its price crash and loss of investments of greedy investors who look for high returns within a short span of time.
To avoid this, NSE advises investors not to believe misleading information flowing on stocks and not to expect superficial returns within a short period. In her signature style, Shraddha says people can't make noodles in 2 minutes how can you dream of becoming raees (rich).
Also, she recommended that investors take financial advice only from registered financial advisors and be well informed of the scrips they invest in by doing adequate research themselves.
The video is being welcomed by the investor community and has been liked by more than 3,500 viewers in a span of fewer than 20 hours.
Also Read: 'I can tell a story, and the moral of that story can be your product or service': aiyyoshraddha