2024-08-14 06:48:20
New Delhi: The stock market is witnessing a boom in the third term of the Modi government. Sensex and Nifty are making new records due to the strong base of the Indian economy. Due to this, along with common investors, big politicians of the country are also making huge profits. Opposition leader Rahul Gandhi is also included in this. According to the calculations of IANS, Rahul Gandhi has made a profit of Rs 46.49 lakh from the stock market in the last five months. This profit has been calculated on the basis of shares registered in the election nomination filed by him for Rae Bareli Lok Sabha. It was told that the value of his portfolio was Rs 4.33 crore on March 15, 2024. The value of his portfolio in the stock market has increased to Rs 4.80 crore by August 12, 2024.
Which shares are in Rahul’s portfolio?
Rahul Gandhi’s portfolio includes stocks like Asian Paints, Bajaj Finance, Deepak Nitrate, Divi’s Labs, GMM Pfaudler, Hindustan Unilever, Infosys, ITC, TCS, Titan, Tube Investments and LTI Mindtree.
Apart from this, many small companies like Vertos Advertising and Vinyl Chemical are included in his portfolio. The big thing is that there are about 24 shares in his portfolio, out of which he is incurring losses only in 4 companies – LTI Mindtree, Titan, TCS and Nestle India. Rahul Gandhi is making profits in the remaining companies.
Corporate action has been seen in Vertoz Limited in his portfolio. Due to this, the number of shares of this company with him has increased to 5,200, which was 260 on March 15, 2024.
Recently a report of Hindenburg came out, after which Rahul Gandhi had said that people’s investment has reached the risk zone. However, he himself is earning huge profits.
The market rejected the Hindenburg report
Hindenburg’s latest report has been completely rejected by market experts. Kedianomics founder and CEO Sushil Kedia said, ‘The infamous short selling firm Hindenburg was exposed 18 months ago when it made big claims about the Adani Group, but nothing came out in the investigation conducted under the supervision of the Supreme Court. Rather, SEBI has issued a show cause notice to them for violating the rules of the security market.’
He further said, ‘Now after 18 months, Hindenburg suddenly comes and claims on social media that it has something big about India. Its only aim is to destroy the Indian stock market by breaking the trust of retail investors.’
Advocate Jai Anant Dehadrai, founder of Chamber of Jai Anant Dehadrai, says that Hindenburg’s only aim is to make money by shorting the market. The report comes on Saturday, it is discussed on Sunday, so that the market falls on Monday and they make money.
Since the beginning of this year till now, Sensex has given a return of around 11 per cent and Nifty has given a return of around 12 per cent.