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⌯ ɪᴍᴘᴏʀᴛᴀɴᴛ ᴀᴘᴘʟɪᴄᴀᴛɪᴏɴѕ 𖢅 Telegram | DID YOU KNOW?
Date: | ⌯ ɪᴍᴘᴏʀᴛᴀɴᴛ ᴀᴘᴘʟɪᴄᴀᴛɪᴏɴѕ 𖢅
And indeed, volatility has been a hallmark of the market environment so far in 2022, with the S&P 500 still down more than 10% for the year-to-date after first sliding into a correction last month. The CBOE Volatility Index, or VIX, has held at a lofty level of more than 30. Following this, Sebi, in an order passed in January 2022, established that the administrators of a Telegram channel having a large subscriber base enticed the subscribers to act upon recommendations that were circulated by those administrators on the channel, leading to significant price and volume impact in various scrips. The regulator said it had received information that messages containing stock tips and other investment advice with respect to selected listed companies are being widely circulated through websites and social media platforms such as Telegram, Facebook, WhatsApp and Instagram. Since January 2022, the SC has received a total of 47 complaints and enquiries on illegal investment schemes promoted through Telegram. These fraudulent schemes offer non-existent investment opportunities, promising very attractive and risk-free returns within a short span of time. They commonly offer unrealistic returns of as high as 1,000% within 24 hours or even within a few hours. The Dow Jones Industrial Average fell 230 points, or 0.7%. Meanwhile, the S&P 500 and the Nasdaq Composite dropped 1.3% and 2.2%, respectively. All three indexes began the day with gains before selling off.
⌯ ɪᴍᴘᴏʀᴛᴀɴᴛ ᴀᴘᴘʟɪᴄᴀᴛɪᴏɴѕ 𖢅 from AR