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HDFC Bank Securities — unauthorised selling of shares

Address:Chennai, Tamil Nadu, 603103
Website:HDFCSEC.COM

I thought of opening demat account with hdfc securities. They told demat account opening charges will be rs 1250. I further asked them whether they can sell shares without client consent. They told that they will sell the shares without client consent. I am worried about their reply. If they sell my shares and make loss what will be the solution?. Please clarify.
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