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How Marwadis got screwed by NSEL

“Maximum brokers are marwadis and their clients also are marwadis and number of marwadis who were invested in this do not want to take risk in the equity market. They wanted some assured type of scheme. We have burnt fingers in real estate funding and number of places, though some money, some stake should be there and assured return will be coming. That is why maximum marwadis are there because our brokers are also marwadis.”-said Arun Dalmia, Secretary NSEL Investor Forum