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In the midst of a surge in deep fake videos from top bosses of NSE and BSE, how can investors protect themselves and stay vigilant

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Amid flurry of deep fake videos by top bosses of NSE and BSE, how can investors stay cautious and safe

In the wake of a deep fake video scandal involving National Stock Exchange’s managing director (MD) and CEO, Ashishkumar Chauhan, a similar video featuring BSE’s MD and CEO, Sundararaman Ramamurthy, has surfaced on social media. Mr. Ramamurthy has denied any involvement in such communication and emphasized that the exchange’s employees are not authorized to provide stock recommendations.

The stock exchange has issued a statement reiterating that its employees are prohibited from giving stock advice. As the proliferation of deep fake videos continues, investors are advised to exercise caution and verify the authenticity of any stock-related content they come across on social media platforms.

Investors are urged to scrutinize the platform on which the video is shared. A video from a credible source like a press conference is more reliable than one from a dubious platform. Additionally, videos widely circulated on news portals or official social media handles are more likely to be genuine.

It is essential for investors to be vigilant and trust their instincts when evaluating videos. Signs such as inconsistencies between speech delivery and content, or unlikely scenarios, should raise red flags. Conducting a simple Google search can also help confirm the legitimacy of a video in question.

In conclusion, with the increasing prevalence of deep fake technology, investors must exercise caution and employ critical thinking to differentiate between authentic and manipulated content. Stay informed and verify the credibility of sources before making any investment decisions based on online recommendations.

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