Commentary Only · Not investment advice · Stocktale
Policy

Terms of Service

Last updated: 7 August 2026

These terms govern your use of Stocktale (stocktale.in), operated by Sagar U.S., Bengaluru. By registering, browsing, or purchasing a membership, you agree to these terms.

Registered address
Stocktale — Sagar U.S.
217/57, 1st Floor, 11th Cross, Swimming Pool Extension,
Yalappa Garden, Malleshwaram, Bengaluru – 560003, Karnataka, India
Phone: +91 97311 99114  ·  Email: sagar@stocktale.in

1. What Stocktale is

Stocktale is a market commentary and journal. Sagar U.S. is not registered with SEBI as an Investment Adviser or Research Analyst. All content — Arthashastra, Ranbhoomi, Gyana, and Patha-Shala — is commentary on indices and macro conditions. Nothing on Stocktale is investment advice, a stock recommendation, a buy/sell call, or a return promise. See our full SEBI disclaimer shown throughout the site.

2. Eligibility

You must be 18 years or older to register or to buy a workshop seat or mentorship place, and you take full personal responsibility for any financial decisions you make based on your own judgment.

3. Your account

4. What is paid for

One thing is sold on this website: an annual membership at ₹999. It opens Arthashastra, Ranbhoomi, Gyana, Patha-Shala and the full Journal for twelve months from the date access is granted, and there is no other plan, tier or term. Headlines and publication dates stay visible to everyone without an account, and we open individual pieces to non-members from time to time at our own discretion — that is a courtesy, not part of what is sold, and it creates no entitlement to any particular piece being open.

One further thing is sold on this website: the mentorship programme — one year in two semesters, at ₹9,999, enquired for here and confirmed directly. A full year of membership is included; nobody pays for the same year twice. Stocktale also runs a two-day workshop on college campuses. That is arranged with the institution directly and is not sold through this website, so nothing on this page applies to it.

The workshop is a place at a scheduled session, not a cheaper membership. Dates are agreed with the institution and you are told the date before payment is taken. Mentorship places are capped and open a few times a year; if a cohort is full you are offered the next one or a full refund. Where a college pays for its students directly, nothing is charged to the student through this site.

Separately, and free of charge, every account includes a private diary. Nothing you write in it is published, shown to other readers, or used by us. It is yours, it remains readable and downloadable whether or not you hold a membership, and it does not expire. We may change or discontinue paid services; we will not take your own writing away from you.

Payments are processed by Razorpay. A membership does not renew automatically — it simply ends on its expiry date unless you choose to buy another year. See our Refund Policy for cancellation and refund terms.

5. Content ownership

All Stocktale content is owned by Sagar U.S. and protected by copyright. See our full Copyright & Content Rights page for what you may and may not do with it.

6. No investment advice

This is the most important term on this page. Nothing on Stocktale — in any format, on any day — constitutes investment advice, a recommendation to buy or sell any security, a price target, or a promise of returns. Sagar U.S. is not a SEBI-registered Investment Adviser or Research Analyst. The commentary covers broad-based indices, the economy and policy. Recorded lessons and live sessions use price data at least 30 days old. No individual security is ever named. For personal investment decisions, consult a SEBI-registered adviser.

7. Limitation of liability

Stocktale and Sagar U.S. bear no responsibility for any financial loss, profit, or decision you make based on content published here or discussed in Patha-Shala sessions. You alone are responsible for your trading and investment decisions.

8. WhatsApp & communication

By registering, you agree to receive communication from Stocktale on your registered mobile number via WhatsApp, SMS, or calls, as described in our Compliance and Privacy Policy pages.

9. Changes to these terms

We may update these terms from time to time. The "last updated" date at the top will reflect the latest revision. Continued use of Stocktale after changes means you accept the updated terms.

10. Governing law

These terms are governed by the laws of India. Any disputes are subject to the jurisdiction of courts in Bengaluru, Karnataka.

Questions

Message Sagar directly on WhatsApp for anything not covered here.

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Market commentary & journal · NOT SEBI-registered · Commentary, never advice.