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TMCled Oppn MPs group seeks probe on resultday crash meet Sebi officials
Update / Judgement Date
17 Jun 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
A delegation of Opposition leaders, led by TMC MPs, met senior officials of the Securities and Exchange Board of India (Sebi) in Mumbai to demand an investigation into alleged stock market manipulation linked to exit polls. \r
The leaders raised concerns over remarks made by Prime Minister Narendra Modi and Amit Shah before the election results, suggesting stock purchases ahead of an anticipated market surge. Following BJP's underwhelming performance and subsequent market downturn, Opposition figures, including Rahul Gandhi, accused foul play and urged Sebi to probe. \r
Despite not receiving assurances, TMC's Kalyan Banerjee expressed confidence in Sebi's role and emphasized the need for transparency to prevent future market discrepancies tied to exit polls.