BSE flags a deepfake video of its CEO recommending stocks

New Delhi: Leading stock exchange BSE on Monday cautioned investors to remain vigilant against deepfake video of its CEO giving stock recommendations and investment advice on social media platforms.

The exchange emphasised that the video is unauthorised and fraudulent, and its officials are not permitted to provide any stock tips.

“It has come to the notice of BSE Ltd that a fraudulent deepfake video is being circulated on social media and messaging platforms, falsely featuring Sundararaman Ramamurthy, Managing Director & CEO, BSE, and claiming to provide stock recommendations and investment advice,” the exchange said in a statement.