Leading stock exchange BSE on Monday warned investors about an unauthorised deepfake video circulating on social media that falsely depicts CEO Sundararaman Ramamurthy giving stock recommendations and urging viewers to join a WhatsApp channel. The exchange said the video promises unrealistic returns (for example, '₹8 million by 2027'), calls the content fabricated, and is seeking removal and legal action. BSE advised relying only on its official channels and SEBI-registered intermediaries for market information.
Key Points
- 1Identifies deepfake video falsely showing BSE CEO giving stock recommendations and urging WhatsApp channel
- 2Warns such content promises unrealistic returns (e.g., ₹8 million by 2027) and misleads investors
- 3Advises relying only on BSE official channels and SEBI-registered intermediaries for market information
Scoring Rationale
Official BSE confirmation and investor risk relevance; limited novelty due to prior similar deepfake warnings earlier.
Sources
Public references used for this report.
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