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Election Results LIVE Updates: Rahul Gandhi Alleges Links Between PM Modi, Exit Polls & Markets Crash, Demands JPC Probe

Election Results 2024 Live Updates: Stay updated with The Quint for all latest scenarios on India Govt Formation.

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Election Results 2024 Live Updates: Congress leader Rahul Gandhi demanded a JPC probe into alleged links between exit polls and the stock markets crash, while addressing the press on Thursday, 6 June, adding that it was a "scam" orchestrated by Prime Minister Narendra Modi and Home Minister Amit Shah.

Meanwhile, Chief Election Commissioner Rajiv Kumar and Election Commissioners Gyanesh Kumar and Sukhbir Singh Sandhu are scheduled to present a list of newly-elected MPs to President Droupadi Murmu on Thursday, 6 June, to initiate the formation of the 18th Lok Sabha.

Meetings of the allies of the Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) and the Opposition's INDIA bloc concluded in Delhi on Wednesday, 5 June, as the BJP walks a tight rope post election results.

PM Narendra Modi on Wednesday also met President Droupadi Murmu to tender his resignation and will be the caretaker PM till the swearing-in ceremony scheduled on 8 June. Modi was unanimously elected as the leader of NDA in the meeting held on Wednesday.

Snapshot
  • Bangladesh PM Sheikh Hasina, Sri Lanka President Ranil Wickremesinghe to attend Modi's oath-taking ceremony.

  • The NDA bagged 293 seats, just 20 above the majority mark required for government formation. The Opposition INDIA bloc bagged 232 seats.

  • Amid speculations of a switch, TDP leader Chandrababu Naidu on Wednesday confirmed that he is with the NDA alliance.

  • While Bihar CM Nitish Kumar confirmed the same, his 'shared flight' with rival and RJD leader Tejashwi Yadav from Patna to Delhi turned heads on Wednesday.

  • Tejashwi Yadav told the media that 'no political discussions' took place with Nitish Kumar but 'nothing can be ruled out'.

  • Maharashtra deputy CM and BJP leader Devendra Fadnavis offered to step down from the post while taking responsibility of the party's poor performance in the state.

(At The Quint, we question everything. Play an active role in shaping our journalism by becoming a member today.)

7:52 PM , 06 Jun

'Rahul Gandhi Trying to Mislead Investors': Piyush Goyal

Reacting to Rahul Gandhi's allegations of links between PM Modi, exit polls, and the recent markets crash, BJP leader Piyush Goyal said that the Congress leader was trying to "mislead" market investors.

"Rahul Gandhi has still not overcome the loss in the Lok Sabha Elections. Now, he is conspiring to mislead the market investors. Today, India has become the fifth-largest economy," he said.

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6:36 PM , 06 Jun

'CISF Personnel Slapped, Abused Me': Kangana Ranaut

Newly-elected BJP MP Kangana Ranaut shared a video on X alleging that she was slapped by a CISF personnel at the Chandigarh Airport on Thursday.

"I am receiving several phone calls from the media and well-wishers. Firstly, I am safe and fine. The incident that happened at Chandigarh Airport... it happened near the security check. As I passed from the security check, the CISF personnel hit me on my face and started abusing me. When I asked why she did so, she said she supports farmers' protest. I am safe but my concern is... the terrorism and extremism increasing in Punjab, how do we handle that?" she said.

5:49 PM , 06 Jun

'Biggest Scam': Rahul Gandhi Alleges Links Between PM Modi, Exit Polls & Stock Markets Crash

"Why did the PM and Union Home Minister give specific investment advice to the five crore families investing in the stock market? Is it their job to give investment advice? Why were both interviews given to the same media owned by the same business group which is also under SEBI investigation for manipulating stock?" Congress leader Rahul Gandhi said while questioning the BJP.

"What is the connection between the BJP, the fake exit pollsters and the dubious foreign investors who invested one day before the exit polls were announced and made a huge profit at the cost of five crore salaries? We demand a JPC into this," he added.

"We are convinced that this is a scam. Somebody has made thousands of crores of rupees at the cost of Indian retail investors and the Prime Minister and the Union Home Minister have given an indication to buy. So we demand today a joint parliamentary committee to investigate this," the Congress leader further said.

He further said that the issue was much "broader" than just the stocks of Adani enterprises.

"This is a broader issue than just the Adani issue. It is connected to the Adani issue, but this is a much broader issue. This is directly the Prime Minister, the Union Home Minister, who is privy to data on actual election results, who has IB reports, who have their own data, who are advising retail investors to buy stock," he alleged.

"This has never happened before. The Prime Minister has never commented on the stock market before. This is the first time the Prime Minister has commented very interestingly and multiple times, one after the other, saying that the stock market is going to boom. At the same time, he has information that the exit polls are wrong. He has information that he knows what is going to happen because he has IB data and he also has his own party data," Gandhi said.

5:38 PM , 06 Jun

Rahul Gandhi Demands JPC To Probe Alleged Links Between Exit Polls & Stock Markets Crash

Congress leader Rahul Gandhi demanded a JPC probe into alleged links between exit polls and the stock markets crash, while addressing the press on Thursday.

"For the first time we noted that during the elections, the Prime Minister, the Union Home Minister and the Finance Minister commented on the stock market. The Prime Minister said that the stock market is rising at a great speed," he said.

"The Union Home Minister said that on June 4 the stock market will be on the rise and you all should invest and similar was said by the Finance Minister...Amit Shah says buy shares before June 4, 19 May PM Modi says the stock market will break records on June 4," Gandhi added.

The Congress leader then questioned why PM Modi and Amit Shah gave "specific investment advice" to people investing in the markets.

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Published: 05 Jun 2024, 11:24 AM IST
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