“Rahul Alleges PM Modi & Shah in Stock Market Scam”

Congress leader Rahul Gandhi alleged on Thursday that Prime Minister Narendra Modi and Home Minister Amit Shah were “directly involved” in what he described as the “biggest stock market scam,” causing retail investors to lose Rs 30 lakh crore. He demanded a joint parliamentary committee probe into the matter.

Addressing a press conference, Gandhi claimed that Modi, Shah, and Finance Minister Nirmala Sitharaman had made unprecedented comments on the stock markets ahead of elections. He stated that the stock markets rose after “fake” exit polls and then crashed on June 4, the day votes for the Lok Sabha polls were counted, resulting in retail investors losing their investments.

Gandhi called for an inquiry into the alleged involvement of higher-ups in the BJP and accused Modi and Shah of direct involvement. He also questioned why specific investment advice was given to families investing in the stock markets, and why interviews were given to the same media house owned by a business group under SEBI investigation.

Furthermore, Gandhi raised concerns about the connection between the BJP, fake exit pollsters, and dubious foreign investors who made significant profits before exit polls were announced. He highlighted that it was unprecedented for the Prime Minister and Home Minister to comment on the stock market during polls.

Gandhi emphasized that this issue is broader than just the Adani group and directly implicates the Prime Minister and Home Minister, who have access to election data and are advising retail investors.