Guwahati
The participation of women in the stock market is among the highest in India, but investors in the state are among the most susceptible to online commercial scams, the officials of the Bag Board and exchange of the India (Sebi) said on Wednesday, February 5, 2025.
A Sebi official said that Assam has been a growing force in the Panorama of investments in India, marking more than 24.6 Lakh of registered investors, and 29.8% of them are women.
“The participation of Assam’s women in the stock market is the largest fifth among all states throughout the country. They have played a vital role in the growth of state investors tripling 0.7% in 2019 to 2.3% in 2024, ”said the official in an initiative to promote awareness and protect the interest of investors in the stock market .
The initiative was attended by Anuradha Verma, general manager, Sebi.
Sebi’s officials, however, said that investors in Assam must be cautious with scammers who offer greater actions of the trade of shares. They said that many investors, who were not too aluminated in the way in which the functions of the stock market had been deceived in Assam by doubtful agencies and corridors. One of those commercial companies was the DB shares corridor, which defrauded investors of almost ₹ 7,000 million rupees in 2024.
DB stock broking, which began operating in 2018, had about 16,000 clients. Supposedly invested customer money through a negotiation platform and promised exceptionally high yields ranging from 8% per month to 120% per year.
The “Regional Investor Seminar program” of the Sebi focused on educating investors on stock markets, fraud prevention and fraud, rights and responsibilities and intelligent investment practices.
Published – February 5, 2025 08:01 PM IST
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