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Perpetrators of such fraud use various marketing techniques to attract subscribers on their social media channels. In view of this, the regulator has cautioned investors not to rely on such investment tips / advice received through social media platforms. It has also said investors should exercise utmost caution while taking investment decisions while dealing in the securities market. For tech stocks, “the main thing is yields,” Essaye said. Such instructions could actually endanger people — citizens receive air strike warnings via smartphone alerts. Sebi said data, emails and other documents are being retrieved from the seized devices and detailed investigation is in progress.
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