Motilal Oswal Securities Limited, Mumbai Complaints & Reviews

The brokers admitted to their mistake on phone and when i ask to return my losses suddenly the regional manager comes into the picture and denies all of it stating standard lines "equity investment are subject to market risks".
The account is handled by bengaluru team which is not at all client friendly, i have incurred losses on their advise and despite my hesitance and resistance to invest in particular stocks they did that which...

I had sold 150 shares of JET AIRWAYS at around 1 pm today.Later after 3 oclock I tried to square it off by buying it,but the order was sent to pending.I called up Motilal Oswal customer care and the lady said that it is confirmed and will be traded.When I checked the contract notes I was shocked to see that the buy order was cancelled and the sell call was turned inot delivery.How is this possible?? Please help me in this regard...

NAME : SRAVAN KUMAR R
ADDRESS : DCRB, DISTRICT POLICE OFFICE, GUNTUR, GUNTUR DISTRICT, A.P.
BROKER : MOTILAL OSWAL SECURITIES LIMITED, MUMBAI
CLIENT ID : ESBI 218388
EMAIL ID: [protected]@yahoo.co.in
COMPLAINT:
SIR,

ON 18.05.10, I HAVE SOLD 150 SHARES OF BANK OF RAJASTAN ON INTRADAY TRADING AT AN AVERAGE PRICE OF 97.77 AND THEY MUST BE SQUARE OFF AT THE END OF THE DAY. BUT SURPRISINGLLY,...