A good opposition is expected to question the government to ensure a smooth democracy. After a highly competitive election, the opposition has started doing its job. Congress leader Rahul Gandhi has questioned the BJP's involvement in what can be called as the "Biggest scam in the history of the stock market."

Rahul Gandhi on Thursday demanded a joint parliamentary committee (JPC) investigation into the case in which retail investors lost Rs 30 lakh crore.

The Role of Fake Exit Pollsters and Foreign Investors in the Biggest Stock Market Scam

Rahul linked the market crash with fake exit polls as the market rose after the exit polls and heavily crashed on the day of the results. He alleged that the investors lost Rs 30 lakh crore and this is the 'biggest stock market scam'.

biggest stock market scam
Image Source: LinkedIn

"On 3 June, the stock market breaks all records and on 4 June, goes underground, leading to the loss of Rs 30 lakh crore to retail investors," He said.

He also questioned why top BJP leaders, including Prime Minister Narendra Modi, Union Home Minister Amit Shah and Finance Minister Nirmala Sitharaman, gave stock market advice before the election.

"For the first time we noted that during the elections, the Prime Minister, the Union Home Minister and the Finance Minister commented on the stock market. The Prime Minister said that the stock market is rising at a great speed. The Union Home Minister said that on June 4 the stock market will be on the rise and you all should invest. A similar was said by the Finance Minister. Amit Shah says buy shares before June 4. On 19 May PM Modi says the stock market will break records on June 4," he said.

"What is the connection between BJP, fake exit pollsters and the dubious foreign investors those who invested one day before the exit polls and made a huge profit at the cost of 5 crore (retail investor) families?" Gandhi questioned.

"We demand a JPC into this. We are convinced that this is a scam. Somebody has made thousands of crores of Rupees at the cost of Indian retail investors and the Prime Minister and the Union Home Minister have given an indication to buy. So we demand today a joint parliamentary committee to investigate this," he said.

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