Stock Market Scam Charge: Rahul Gandhi Conspiring To Mislead Investors, Counters BJP

New Delhi: The BJP hit back at Rahul Gandhi’s serious allegation that the country recently saw the biggest ‘stock market scam’.

“Rahul Gandhi has still not overcome the loss in Lok Sabha Elections. Now, he is conspiring to mislead the market investors,” BJP leader Piyush Goyal said at a press conference.

Rahul, who accused that Prime Minister Narendra Modi and Union Home Minister Amit Shah of being directly involved in the scam, demanded a joint Parliamentary committee (JPC) probe.

“Today, India has become the fifth largest economy. In the last 10 years of the Modi government, for the first time our market cap has crossed over 5 trillion dollars. Today, India’s equity market has entered the market cap of the top 5 economies of the world… We know that the market cap of PSUs listed in the market has increased 4 times under the Modi govt,” claimed Goyal, who won the Lok Sabha election from Mumbai North.

Modi had said during an interview on May 23: “I can say with confidence that on June 4, as BJP hits record numbers, the stock market will also hit new record highs.”

Shah, on the other hand, had said: “The market has nosedived in the past as well. So one should not link it directly to elections. Anyway, some rumours may have fuelled it (the fall). In my opinion, buy before June 4. The market is going to shoot up.”