Small investors lost ₹30 lakh cr on result day crash: Rahul Gandhi
Congress leader Rahul Gandhi yesterday alleged that Prime Minister Narendra Modi and home minister Amit Shah colluded with exit pollsters to rig the stock market. Gandhi went on to say that the wild rally after the exit polls and the big crash after actual results points to the biggest scam in the history of the Indian stock market.
"On June 1, the media released incorrect exit polls, even though the internal survey of BJP gave 220 seats to the party. On June 3, the stock market soared to record breaking highs, but crashed on June 4. On May 31, there was massive stock activity with colossal volumes and participation from big investors and FII. Subsequently, the retail investors lose ₹30 lakh crore. This is the biggest scam in the history of the Indian stock market," Gandhi said in a press conference some time back.
Meanwhile, BJP leader Piyush Goyal rebutted the claims saying Rahul Gandhi is attempting to scare the foreign and domestic investors.