The Bharatiya Janata Party (BJP) on Monday accused the Congress leadership of being part of a wider conspiracy that sought to use Hindenburg Research's allegations against the Securities and Exchange Board of India (Sebi) chairperson to "crash" the Indian stock market and hurt small investors.
The Congress, on the other hand, kept up the pressure on the government and the Sebi chief, threatening countrywide protests on the issue.
Addressing a press conference, BJP leader and former Union minister Ravi Shankar Prasad said the stock market showed resilience on Monday and frustrated the designs of the "toolkit gang," involving the Congress, Hindenburg Research, and billionaire investor George Soros.
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