Agency (New Delhi): Rahul Gandhi has accused Narendra Modi and Amit Shah of orchestrating a stock market scam worth Rs 30 lakh crore linked to exit polls. Speaking at the AICC headquarters, Gandhi alleged that the scam caused significant financial losses for retail investors and demanded a joint parliamentary committee (JPC) investigation into the matter.
Gandhi presented a graph showing the stock market crash on the election counting day, emphasizing the suspicious market activities around the recent Lok Sabha elections. He accused Modi and Shah of being “directly involved” in what he called the “biggest stock market scam,” resulting in substantial losses for retail investors.
According to Gandhi, the exit polls were manipulated to create a bullish market run. He demanded a JPC probe to uncover the full extent of the wrongdoing and ensure accountability. “Investors lost Rs 30 lakh crore. We want a joint parliamentary committee probe into the biggest stock market scam,” he said.
Gandhi also highlighted that top BJP leaders, including Modi, Shah, and the finance minister, made public comments about the stock market during the elections, which contributed to the market manipulation and financial instability. He pointed out that the market surged after the “fake exit polls,” only to crash dramatically on 4 June, the vote counting day.
He raised several questions regarding the stock market transactions on 30-31 May, the days surrounding the exit polls. Gandhi questioned why Modi and Shah gave investment advice to millions of families on television and why these statements were made in interviews with a media house under SEBI investigation for stock market manipulation.
Gandhi suggested a connection between the BJP, fake pollsters, and dubious foreign investors who made significant profits at the expense of retail investors. He emphasized the need for a JPC investigation to bring the truth to light and hold those responsible accountable.
The Congress party’s official handle on X also linked the issue to the “Adani issue” but noted that the scam is much broader.