Plea in SC seeks probe against media cos for telecasting exit polls

A petition has been filed in the Supreme Court seeking an investigation against media houses and their associates/companies for telecasting the exit polls immediately after the conclusion of the final phase of Lok Sabha elections and allegedly influenced the investors who suffered a loss of Rs 31 lakh crore as the share market crashed after the results on June 4.

The plea said the media houses started debating on exit polls immediately after the last phase of the election concluded on June 1 and tried to convince the common investor to invest in the share market till the market opened on June 3 (Monday), which resulted in an unexpected hike in the share market.