Lok Sabha polls: TMC MPs meet Sebi officials, seek probe into stock market 'manipulation'

Credit: IndiaTimes- Published on June 18, 2024
Trinamool Congress MPs called for Sebi investigation into stock market manipulation post exit polls, citing Rs 30 lakh crore loss to small investors. On June 3, a day before the 2024 Lok Sabha results were announced, the stock market saw a rise, followed by a crash the next day. The MP claimed that within 24 hours, small...

Video credit: Wibbitz Top Stories
Published on June 18, 2024 -  01:30
Britain Overtakes France to Reclaim Stock Market Crown
Britain Overtakes France , to Reclaim Stock Market Crown. The overall value of listings on the London Stock Exchange (LSE) reached $3.18 trillion on June 17, BBC reports. That number surpassed the $3.13 trillion value of companies listed in France, according to Bloomberg data. . While both valuations have fluctuated since June 17, they remain close. Analysts consider the development to be a milestone, BBC reports. . The French market has dipped due to uncertainty surrounding France's election, analysts say. . Earlier this month, French President Emmanuel Macron called a snap election following the National Rally's victory in the European elections. Earlier this month, French President Emmanuel Macron called a snap election following the National Rally's victory in the European elections. Susannah Streeter, head of Hargreaves Lansdown's money and markets, said that the right-wing party's manifesto supports "unfunded spending.". "They are not so focused about winning over the market," she said. In 2016, the LSE was worth nearly $1.4 trillion more than its French rival. It held its position as Europe's largest stock market for several years before being overtaken in November 2022

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