[Resolved] Kotak Securities — I have lost my money because of Kotak securities executive suggestion

Manjunath.raju

from Noida, Uttar Pradesh

Aug 10, 2015

Address: Bangalore, Karnataka

Hi Team, I have lost my money just because of Kotak Securities suggestion. I had Ashok Leyland shares (100 Nos) and last week one of Kotak Securities customer care executive called me and asked me to sell all the shares because there will be a depreciation in the NAV and I asked her that it went till 84 Rs in past history so there will be a chance in increasing in the NAV but she forced me to sell else I will loose my money. And as she advised I sold all my shares at Rs. 71.5 but till today the TP is increasing only and today it is at 88.3. without doing proper research these people are playing with customers money. Who is responsible for my loss and who will compensate for the loss? I have records that whatever suggestions they gave everything is fake only, none of the suggestion was right till now. Regards, Manjunath

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Complaint marked as Resolved

Kotak Securities customer support has been notified about the posted complaint.

Verified Support

Aug 10, 2015

Kotak Securities Customer Care's response Hi Manjunath,

We are keen on connecting with you to address the concerns you have highlighted in the post. Please share with us your client ID and contact number at ks.[protected]@kotak.com for us to get in touch with you.

Regards,
Team Kotak Securities