BJP criticizes Rahul Gandhi for casting doubt on Indian stock markets in Hindenburg Report.

The Leader of Opposition has been openly casting doubt on the authenticity of the Indian stock markets. According to an assertion by BJP leader Amit Malviya posted on X, this act is an obvious attempt to destabilize confidence in the country’s economy and exposes Rahul Gandhi’s true intentions – which the leader considers to be the destruction of India. Mr. Malviya noted that Mr. Gandhi’s comments were made despite the conclusion of an expert committee appointed by the Supreme Court, which found no regulatory failure regarding the allegations of price manipulation by Hindenburg.

Additionally, he highlighted the Supreme Court’s observation on January 3, 2024, that there were no willful or deliberate violations by SEBI. A new Hindenburg report has alleged that the Chairperson of SEBI, Madhabi Puri Buch, and her husband, Dhaval Buch, had stakes in offshore entities linked to an alleged scandal involving the siphoning of money by the Adani Group. Both SEBI Chairman and the Adani Group have vehemently denied these allegations, referring to them as “baseless” and “malicious.”

Madhabi Puri Buch also pointed out that the recent release by Hindenburg followed enforcement action taken by SEBI against them, including the issuance of a show-cause notice in July. *Disclaimer: New Delhi Television is a subsidiary of AMG Media Networks Limited, an Adani Group Company. *