Ashish Kumar Chauhan Reveals How He Lost 50,000 Rupees in 1991 Scam

At Republic’s Bharat Summit 2025, MD and CEO of NSE, Ashish Kumar Chauhan, an IIT-IIM alumnus, recalled his 1991 trading misstep. With a 3,000-rupee salary, he traded during liberalization. The Harshad Mehta scam led to a 50,000-rupee loss, taking years to repay. He cautioned that overconfidence and greed drive reckless actions, advising against hasty decisions.

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