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Got A Stock Tip On WhatsApp? Nithin Kamath Says Ask ChatGPT Or Claude First
NDTV Profit 3 hrs ago·20 Oct 2026, 6:42 am
Zerodha co-founder Nithin Kamath has advised investors to use AI tools like ChatGPT or Claude to verify stock tips received via WhatsApp before acting. This warning follows a recent crackdown by the Enforcement Directorate (ED), which froze trading accounts worth nearly Rs 200 crore in an alleged stock manipulation case involving two listed companies. The move highlights the growing risks of unverified information circulating on social media platforms.
For retail investors, this serves as a critical reminder to rely on verified sources rather than informal chats. While AI can help cross-check basic data, it is not a substitute for professional financial advice. The ED's action underscores the need for caution, as such manipulative schemes can lead to significant financial losses.
Investors should monitor regulatory developments closely. Authorities are increasingly cracking down on market manipulation, and any further actions could impact specific stocks. Staying informed through official channels and avoiding impulsive decisions based on unverified tips will help safeguard your portfolio.
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