I have opened trading and D-mat account with BMA Delhi branch in August 2010. On 29 November 2015, account balance was just 1479 Rs. On 30 November 2015, In my account 257 Lots of Nifty option were bought and sold in 63 transaction incurred loss of Rs 65,000.
Moreover, I was on official travel complete day and was not in a position to even think about markets. They themselves called me on my mobile and forcefully insisted to trade in nifty lots based on some confirmed internal news. I never said yes. Then Mr Vaibhav, Noida, BMA himself allocate the limit to my account on behalf of my invested D mat securities (mkt worth 80,000 Rs).
During the last 5 years or my entire trading journey with BMA or even with NSE, I have never traded in such erratic and high frequency pattern. In fact, Since last few months I buy stocks for long term future savings purpose.
I filed a complaint to BMA compliance officer. They replied back to me” But in our way of investigation we found that the concerned trades were done under your implicit knowledge, you were completely aware of all your transactions, as well as your account position at all points of time.”
Please advice me seniors, what to do now as I am totally screwed....
Moreover, I was on official travel complete day and was not in a position to even think about markets. They themselves called me on my mobile and forcefully insisted to trade in nifty lots based on some confirmed internal news. I never said yes. Then Mr Vaibhav, Noida, BMA himself allocate the limit to my account on behalf of my invested D mat securities (mkt worth 80,000 Rs).
During the last 5 years or my entire trading journey with BMA or even with NSE, I have never traded in such erratic and high frequency pattern. In fact, Since last few months I buy stocks for long term future savings purpose.
I filed a complaint to BMA compliance officer. They replied back to me” But in our way of investigation we found that the concerned trades were done under your implicit knowledge, you were completely aware of all your transactions, as well as your account position at all points of time.”
Please advice me seniors, what to do now as I am totally screwed....