legality

We would be launching an algotrading service where our algorithm will trade in the client account. We have used Zerodha and Upstox API to build this system and user will log in and there API daily keys are stored in database after which the system places orders and manages the trade without any...

Is providing buy/sell tips on website or sms or using auto buy/sell signal software is illegal in India? Recently one of my friend told me that there has been a cases where such providers are forced to shut their stop.. I'm not sure.. Is there any one of you aware of such thing?