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Although Reliance Securities Limited (referred to as Reliance Securities) tries to ensure that all information and materials, whether in relation to the products, services, facilities, offerings or otherwise (hereinafter "Information") provided as part of this website is correct at the time of inclusion on the web site, it does not guarantee the accuracy of the Information. Reliance Securities makes no representations or warranties as to the completeness or adequacy or accuracy of Information and expressly disclaims liability for any errors or omissions or delays in updating this information.

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Use of the website and its contents is at any persons, including a Customer′s, own risk. The data and information provided on the website is not advice, professional or otherwise, and should not be relied upon as such. Neither the information, nor any opinion contained in this website constitutes a solicitation or offer by Reliance Securities to buy or sell any securities or other financial instruments or provide any investment advice. Reliance Securities or their employees have or may have an outstanding position or holding in the securities or other related investments of issuers and companies mentioned herein. The investments discussed or recommended in the analysis, research reports, etc. may not be suitable for all investors. Investors must make their own investment decisions based on their own specific investment objectives and financial position and using such independent professional advisors as they believe necessary. Information herein is believed to be reliable but Reliance Securities does not warrant its completeness or accuracy. The content of the articles and the interpretation of data are solely the personal views of the contributors and do not in any way reflect the views of Reliance Securities. Users are advised to use the articles and other data in the Website only as information.

This website/information is provided to you on an "as is" and "where-is" basis, without any warranty. reliance securities, for itself and any third party providing materials, services, or content to this website, makes no representations or warranties, either express, implied, statutory or otherwise of merchantability, fitness for a particular purpose, or non-infringement of third party rights, with respect to the website, the information or any products or services to which the information refers. reliance securities will not be liable to you or any third party for any damages of any kind, including but not limited to, direct, indirect, incidental, consequential or punitive damages, arising from or connected with the site, including but not limited to, your use of this site or your inability to use the site, even if reliance securities has previously been advised of the possibility of such damages.

""The Bombay Stock Exchange Limited, Mumbai is not any manner answerable, responsible or liable to any person or persons for any acts of omission or commission, errors, mistakes and / or violation, actual or perceived, by us or our partners, agents, associates etc., of any of the Rules, Regulation, Bye-laws of the Bombay Stock Exchange Limited, Mumbai, SEBI Act or any other laws in force from time to time. The Bombay Stock Exchange Limited, Mumbai is not answerable, responsible or liable for any information on this Website or for any services rendered by us, our employees, and our servants.""

This research based service ("the Service") is provided by Recognia Inc (Recognia)and can be availed on specific request or subscription by any person intending to access the service ("Users"). It is the responsibility of the User to ensure that his computer has the necessary capability and configuration to receive and/or access the Service. If you do not agree to any of the following terms and conditions, you are requested to exit and not access or avail the Service.

The Service is for information purposes only. Reliance Securities makes no representations or warranties regarding the accuracy, completeness or reliability of any information provided. Reliance Securities assumes no responsibility for errors or omissions in the Service. Users should conduct their own research before acting on any information received through the Service. Reliance Securities shall not be responsible or liable for any losses, costs, expenses, charges, including notional losses/lost opportunities incurred by a User as a result of acting or non acting on any information/material received through the Service. All information that may be provided on this Service or part thereof shall be on an "as is" basis and as provided by Recognia from time to time.

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All information/material provided as part of the Service shall be for personal use of the Users and not for commercial use. No User shall distribute, disseminate or part with any information/material received from the Service to any person or entity whether in oral, written, electronic or digital form.

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All investments and investment related decisions are at the sole discretion of the User.

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Trading in stocks, stock derivatives, commodities and commodity derivatives, and the like is inherently risky and User agrees to assume complete and full responsibility for the outcomes of all trading decisions that User makes, including but not limited to loss of capital. None of the information made available on the Service should be construed as an offer to buy or sell securities, commodities or derivatives or other financial instruments nor advice to do so. User should not construe any information provided through the Service to constitute investment advice. It is purely informational in nature.

The User may use the information as a resource only to further his own research on all featured companies, stocks, commodities, sectors, markets and information received. Nothing disseminated through the Service should be considered as investment advice.

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Mutual fund investments are subject to market risks.

Insurance is the subject matter of solicitation.

Past performance may not be an indicator of future returns.

These terms are subject to change without prior notice.

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The Service may be withdrawn or discontinued without prior notice.

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Reliance Securities does not accept any responsibility or liability or guarantee the performance or merchantability of any product or services offered by any party pursuant to any advertisement or promotional material that may be received by the User as part of the Service and the same lies specifically with the advertiser.

This Service is specifically for Users in the territory of India. Although access may be available to Users outside India, though not expressly granted, Reliance Securities shall have no legal liabilities whatsoever in any laws of any jurisdiction other than India.

The Service contains material, including text, graphics and sound, which is protected by copyright and/or other intellectual property rights. All copyright and other intellectual property rights in this material are either owned by Reliance Securities or have been licensed to Reliance Securities by the owner(s) of those rights so that it can use this material as part of this service or are owned by Recognia. Each party retains copyright on its own Information, including text, graphics and sound and all trademarks displayed on this service are owned by Recognia or Reliance Securities and/or used under license by Reliance Securities affiliates.

The information set out in the report,if any made available has been prepared by the author based upon information available to him and/or made available to him and/or from information available in the public domain. No independent verification has been made of such information or sources. This report is for information purposes only. It has not been prepared with regard to the specific investment objectives, financial situations and/or particular needs of any specific person who may receive this report. Investors should seek advice from Financial Advisors/Certified Financial Planners/Financial Experts before investing their funds or acting on any investment strategies that may have been discussed or recommended in this report. No reliance may be placed for any purpose whatsoever on the information contained in this report or on its completeness. Readers should make appropriate enquiries before investing in any product or services.

Reliance Securities does not accept any responsibility for any errors whether caused by negligence or otherwise or for any loss or damage incurred by anyone in reliance on anything that is included in the report. The recipient/investor shall solely be responsible for losses, damages, costs and other consequences resulting directly or indirectly from using any information made available in the report. Reliance Securities shall not be responsible for any acts of omission or commission made by readers or investors based on reliance upon the contents of the report.

The report does not constitute nor is it intended to constitute an offer to buy or sell or a solicitation to an offer to buy or sell securities or derivatives or mutual fund units or any financial products or an attempt to influence the opinion or behavior of investors or recipients. The views expressed herein may not necessarily be the views of Reliance Securities, its directors, officers, or employees.

Neither this report nor Reliance Securities has been registered in any jurisdiction. The distribution of this report in certain jurisdictions may be restricted or prohibited and accordingly, persons who come into possession of this report are required to inform themselves about, and to observe, any such restrictions. Mutual fund investments are subject to market risks. Please read the offer documents carefully before investing.

The information in this report reflects prevailing conditions as of date of publication and is subject to change from time to time. Any facts or figures mentioned in this report are merely indicative and readers/investors should obtain correct facts and figures before making any investment decisions.


The information contained in this report may not be transmitted to, copied or distributed, in part or in whole, to any other person or to the media or reproduced in any form, without the prior written consent of Reliance Securities.

Note: We, Reliance Securities , along with it’s group companies, subsidiaries, associates, employees and executors take no responsibility and accept no liability for any relationship that may develop on the basis of content/reports displayed on the website.

ISO 9001:2008: Reliance Securities Limited holds a certificate issued by BSI Management System India Pvt. Ltd to the effect that it operates a Quality Management System that complies with the requirements of ISO 9001:2008 for providing Equity & Equity Derivative trading services through online trading system. Brokerage​ will not exceed the SEBI prescribed limit. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Representations are not indicative of future results. Reliance Securities is a distributor for MF, PMS, Private Equity, IPO, Bonds, NCDs, Corporate FDs, Loan & Realty. The securities quoted are exemplary and are not recommendatory. RSL is a IRDA registered Corporate Agent (Composite) having registration Number : CA0195 (valid till 31-Mar-2019). RSL has arrangement with RELIANCE NIPPON LIFE INSURANCE COMPANY LIMITED (formerly known as Reliance Life Insurance Company Limited), Birla Sun Life Insurance Company Limited and Reliance General Insurance Co. Ltd for solicit, procure and service their insurance products. Registered Office: Reliance Securities Limited, 11th Floor, R-Tech IT Park, Western Express Highway, Goregaon (East), Mumbai - 400063. Tel: +91 22 3320 1212, CIN:U65990MH2005PLC154052. (SEBI registration No. INH000002384; NSE - INB / INF / INE 231234833; BSE - INB / INF / INE 011234839; AMFI ARN No.29889; CDSL-IN-DP-257-2016; NSDL -IN-DP-NSDL-363-2013).


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