⚠️ Disclaimer
Disclaimer
Last updated: April 6, 2026 | Effective: April 6, 2026
Important: DalalAI is NOT a SEBI-registered Investment Advisor, Research Analyst, or Portfolio Manager. All content on this platform — including AI signals, scores, forecasts, analytics, recommendations, and data visualizations — is for educational and informational purposes only. Nothing on this platform constitutes investment advice.
1. No Investment Advice
The information provided on DalalAI ("the Platform"), accessible at dalalai.com, is for general educational and informational purposes only. It does not constitute:
- Investment advice or financial advice of any kind
- A recommendation or solicitation to buy, sell, or hold any security
- Tax, legal, or accounting advice
- An offer or invitation to invest in any financial instrument
- A substitute for professional financial planning or consultation
You should not make any investment decision based solely on the information provided on this platform. Always consult a SEBI-registered investment advisor or a qualified financial professional before making any investment decisions.
2. SEBI Non-Registration
DalalAI is not registered with the Securities and Exchange Board of India (SEBI) under any category, including but not limited to:
- Investment Advisor (IA) — SEBI (Investment Advisers) Regulations, 2013
- Research Analyst (RA) — SEBI (Research Analysts) Regulations, 2014
- Portfolio Manager (PM) — SEBI (Portfolio Managers) Regulations, 2020
- Stock Broker or Sub-Broker
The platform operates as an educational technology tool that provides data-driven analytics and AI-generated insights for the Indian stock market (NSE/BSE).
3. Risk Disclosure
By using this Platform, you acknowledge and understand that:
- Market risk: Stock market investments are subject to market risks. The value of securities can go down as well as up.
- Capital loss: You may lose some or all of your invested capital. There is no guarantee of returns.
- Past performance: Past performance of any security, strategy, or index is not indicative of future results.
- Backtested results: Backtested and hypothetical performance results have inherent limitations. They do not reflect actual trading, are not guarantees of future performance, and may not account for the impact of market conditions, liquidity, or transaction costs.
- Volatility: Securities markets can be highly volatile. Prices can change rapidly in response to market, economic, political, and company-specific developments.
- Derivatives risk: Options and futures carry additional risks including leveraged losses and time decay. Derivatives trading is not suitable for all investors.
4. AI and Model Limitations
AI models have inherent limitations. The signals, scores, and forecasts generated by DalalAI's machine learning models:
- May be inaccurate, incomplete, or delayed
- Are based on historical data patterns that may not repeat in the future
- May not account for all market-moving events, black swan scenarios, or unprecedented conditions
- Can experience model drift — reduced accuracy as market conditions evolve
- Should not be relied upon as the sole basis for trading decisions
- May produce conflicting signals across different timeframes or models
DalalAI employs multiple machine learning models including gradient boosting, ensemble methods, and deep learning. While we strive for accuracy and continually improve our models, no AI system can predict market movements with certainty.
5. Scores and Rankings
The proprietary scores and rankings on the Platform — including but not limited to DVM Score, TechnoFunda Score, Convergence Score, AI Confidence Score, and Smart Money Composite — are:
- Derived from quantitative analysis of publicly available market data
- Not to be interpreted as buy, sell, or hold recommendations
- Subject to change without notice as new data becomes available
- Not verified or endorsed by any regulatory authority
6. Third-Party Data
The Platform uses data from third-party sources including stock exchanges, financial data providers, and publicly available information. While we endeavour to use reliable data sources:
- We do not guarantee the accuracy, completeness, or timeliness of third-party data
- Data may contain errors, omissions, or delays
- Exchange data is used for educational analysis only and is not intended for trading execution
7. No Guarantee of Availability
The Platform is provided on an "as is" and "as available" basis. We do not guarantee:
- Uninterrupted access to the Platform or its features
- That the Platform will be free of errors, bugs, or security vulnerabilities
- That data will be updated at any specific time
- Compatibility with all devices, browsers, or operating systems
8. Limitation of Liability
To the maximum extent permitted by applicable law, DalalAI, its creator, and its affiliates shall not be liable for:
- Any direct, indirect, incidental, special, consequential, or punitive damages
- Financial losses arising from investment decisions based on Platform content
- Loss of profits, data, use, goodwill, or other intangible losses
- Damages resulting from unauthorised access to or alteration of your data
- Damages resulting from any third-party services, content, or links
9. User Responsibility
By using DalalAI, you accept sole responsibility for:
- Your own investment and financial decisions
- Conducting your own independent research and due diligence
- Assessing whether any investment is appropriate for your financial situation and risk tolerance
- Consulting with qualified professionals (financial advisors, tax advisors, legal counsel) as needed
- Understanding the risks associated with stock market investing
10. Regulatory Compliance
Users are responsible for ensuring that their use of the Platform and any investment activities comply with all applicable laws and regulations in their jurisdiction, including SEBI regulations, tax laws, and foreign exchange laws.
11. Forward-Looking Statements
The Platform may contain forward-looking statements, projections, and forecasts. These statements are based on current expectations, assumptions, and models, and are subject to significant uncertainty and risk. Actual results may differ materially from those expressed or implied by such statements.
12. Modifications
We reserve the right to modify this Disclaimer at any time. Changes will be posted on this page with an updated "Last updated" date. Continued use of the Platform after changes constitutes acceptance of the revised Disclaimer.
13. Governing Law
This Disclaimer is governed by and construed in accordance with the laws of India. Any disputes shall be subject to the exclusive jurisdiction of the courts in Bengaluru, Karnataka, India.
14. Contact
For questions about this Disclaimer: