India Infoline Finance [IIFL] — Sale of axis bank lot without confirmation

Address:Pune, Maharashtra

Sir,
I had purchased 1000 axis bank lot on 12.01.2016 @507.00. Due to sudden fall in rate, i decided to carry it and i also spoke to hold it. But surprisingly my lot sold @491.00 on 13.05.2016 without my knowledge and confirmation which in turns i suffered loss by rs 17000.00.
In this connection i sent mail on 13.05.2016 but neither i got reply nor any authorised person contacted to me.
It clearly indicate that you are doing for only brokerage not for customers benefits. I made mistake by transferring all my shares from jm financial.
Regards,
Vidula kandi
Id-vidula14
Mob [protected]
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IIFL

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