Posts

Showing posts with the label marketmanipulation

Were exit polls rigged to manipulate stock market? MP seeks Sebi investigation

Image
[hfe_template id='11223'] [ad_1] As the yawning gap between exit poll predictions and the actual election results led to huge losses in the stock market on Tuesday, Trinamool Congress' Rajya Sabha MP Saket Gokhale has asked Sebi to investigate whether BJP and poll agencies made crores by manipulating the stock markets via pollsters. "Investors made massive profits on 03.06.2024 after the markets rose on the back of exit poll results. However, on 04.06.2024, investors suffered losses of over 31 lakh crore Le. 31 trillion. In the interest of protection of investors, it is important to determine if the India Today Axis MyIndia exit polls were rigged or intentionally skewed in favor of the BJP-led NDA which led to the unprecedented rally in the markets on 3rd June," Gokhale said in a letter to the markets regulator. He said an intentionally skewed exit poll would clearly mean that there was massive stock market manipulation done on 3rd June and also merits inve...