Updated On: 07 July, 2025 06:53 PM IST | New Delhi | mid-day online correspondent
BJP has strongly countered Rahul Gandhi’s claims on stock market manipulation, calling them misleading. Amit Malviya said SEBI’s action against Jane Street proves regulatory strength. He accused Congress of past scams and highlighted Modi-era growth in mutual funds, IPOs, and retail participation, asserting that India's markets are thriving.

Rahul Gandhi. Image/File Pic
Amid a political outbreak between BJP and Congress, the Bharatiya Janata Party on Monday accused Congress leader Rahul Gandhi of peddling fear and misinformation about the stock market. BJP asserted that the Indian stock market has created wealth for lakhs of retail investors who have participated in it through mutual funds and IPOs.
As per the news agency PTI, the BJP IT department head Amit Malviya lashed out at the Leader of Opposition in the Lok Sabha. The BJP leader on Monday slammed Rahul Gandhi while he was attacking SEBI following the market regulator's action against the hedge fund Jane Street, which has been accused of manipulating the indices.
The Leader of Opposition in the Lok Sabha, Rahul Gandhi, said on X, "I clearly stated in 2024—the F&O market has become a playground for 'big players,' and small investors' pockets are continuously being drained. Now, SEBI itself is admitting that Jane Street manipulated thousands of crores. Why did SEBI remain silent for so long?"