ICICI Direct - Icici Direct.com - wrong information to customers
Contact Complainant     1248 Views     Report Spam  
Complaint by: Siva on May 22, 2009, 5:48 pm in Banking and Finance

Hi,

My brother and I were doing shares trading through ICICIdirect.com. We did short selling L&T shares in F&O at Rs.950/-. After election results, the stock market raised to higher. L&T share rose to Rs. 1440/. The next day it came down to around Rs.1380/-. Therefore, we thought wait for some more time. We received a call from ICICI that it was better to square off the share because it would go further up. So I squared it off it at Rs. 1350/- . But that share came down to Rs. 1225/-. I got loss of Rs. 50000 /- due to wrong information by ICICIdirect.com.

So I request you all don’t believe in the information provided by ICICIdirect.com and the site too.

Regards,
Siva Rama Krushna,

Complainant's Goal: to make other users cautious
Complainant's Target: ICICI Direct
Complaint Location: IndiaIndia

Would you like to Comment on this Complaint?
Recent Comments
1.
Sun, 31 May 2009  Message from iComplaints.in Helpdesk

An email communication has been sent to ICICI Direct on May 31, 2009, 8:10 pm