Zerodha co-founder warns about stock tips

Zerodha co-founder Nithin Kamath warns WhatsApp stock tips could increase as market cycle advances.

“It's crazy that even in 2026, people still fall for stock tips on whatsapp, telegram, sms, and social media”

ED freezes ₹200 crore in pump-and-dump

The Enforcement Directorate reportedly froze trading accounts holding around ₹ 200 crore in an alleged pump-and-dump operation.

Kamath urges AI verification

Kamath advises investors to use ChatGPT to question suspicious stock tips before committing money.

“So the next time you get a message promising easy money, just ask claude or chatgpt whether it's a good idea”

Pump-and-dump scheme risks

Promoters create artificial excitement to push stock prices before selling at inflated prices.

Investor safety tips

Check company disclosures, financial performance, and avoid guaranteed returns or immediate pressure to buy.

Kamath's warning on social media

Kamath warns social media influencers promoting stocks and IPOs could increase pump-and-dump activity.

“Given how late in the cycle we are, these instances are only going to increase”

Market cycle timing

Kamath says pump-and-dump schemes are likely to rise as the market cycle progresses.

Investor caution needed

Investors should be wary of tips promising unusually high returns with little or no risk.