TMC MPs meet SEBI officials, seek probe into stock market 'manipulation'
Mumbai (PTI): A delegation of Trinamool Congress MPs met officials of the Securities and Exchange Board of India (SEBI) here on Tuesday and demanded a probe into the alleged stock market manipulation following exit polls earlier this month.
The delegation, comprising TMC MPs Kalyan Banerjee, Sagarika Ghose and Saket Gokhale, was joined by Shiv Sena (UBT) MP Arvind Sawant and former NCP (SP) MLC Vidya Chavan.
Notably, Congress MP Rahul Gandhi had alleged that Prime Minister Narendra Modi and Union Home Minister Amit Shah were "directly involved" in what he described as the "biggest stock market scam" with retail investors losing Rs 30 lakh crore due to the market crashing after the Lok Sabha poll result earlier this month.
The BJP has dismissed his charges as "baseless".
West Bengal Chief Minister and Trinamool Congress (TMC) head Mamata Banerjee has demanded an investigation into how stock markets were "manipulated by using fake exit polls".
After the meeting, Kalyan Banerjee told reporters, “SEBI had a glorious role in the past. We have confidence in SEBI which is why we are seeking an investigation into the manipulation of the stock market by the reason of misleading exit polls for the Lok Sabha elections 2024."
He said the delegation also demanded a probe into whether exit poll agencies have any connection with political leaders.
On June 3, the share market rose, but it crashed a day later. In 24 hours, small investors lost Rs 30 lakh crore, the MP claimed, adding that families of politicians have earned crores due to this.
“Amit Shah repeatedly said in various election campaigns to purchase early (before the polls) and you (investors) will get the benefit. We need an investigation to instil confidence (among investors),” the MP said.
Earlier in the day, the TMC delegation met NCP (SP) president Sharad Pawar who supported their demand for an investigation into the alleged stock market manipulation following the exit polls.
The stock market rose on June 3 following the June 1 exit polls, which predicted a landslide victory for the NDA-led BJP in the Lok Sabha polls.
The BJP did not secure a majority on its own and formed government with the NDA partners.
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ICC reprimands Rashid Khan for throwing bat on the ground during T20 World Cup match
Dubai, Jun 26: Afghanistan captain Rashid Khan has been handed an official reprimand by the ICC for throwing his bat on the ground in frustration after teammate Karim Janat refused a run during their T20 World Cup Super 8 clash against Bangladesh.
The incident occurred in the last over of Afghanistan's innings, when Rashid lost his cool after Janat refused a second run on a shot played by the skipper.
"Rashid was found to have breached Article 2.9 of the ICC Code of Conduct for Players and Player Support Personnel, which relates to throwing a ball (or any other item of cricket equipment) at or near a player in an inappropriate and/or dangerous manner during an international match," the ICC said in a release.
"In addition to this, one demerit point has been added to Rashid's disciplinary record, for whom it was the first offence in a 24-month period."
Rashid admitted the offence and accepted the sanction proposed by Richie Richardson of the Emirates Elite Panel of ICC Match Referees, so there was no need for a formal hearing.
On-field umpires Nitin Menon and Langton Rusere, third umpire Adrian Holdstock and fourth umpire Ahsan Raza levelled the charge.
Level 1 breaches carry a minimum penalty of an official reprimand, a maximum penalty of 50 per cent of a player's match fee, and one or two demerit points.
Afghanistan defeated Bangladesh by eight runs via DLS in the rain-hit match to qualify for the semifinals of the T20 World Cup, their first in any ICC event.
Afghanistan will face South Africa in the first semifinal in Tarouba, Trinidad.
Rashid Khan throws his bat in anger after his partner denied him the 2nd run in the final over.
— Swapnananda Jena (@Iam__sipp) June 25, 2024
This is what at stake when you play for a spot in semi's.
Scored 19*(10) in a 115 total & bowled match turning spell of 4-23-4#Afghan #CongratulationAustralia #T20WorldCup #BANvsAFG pic.twitter.com/hVi1Cf7qLe
