The Harshad Mehta Bull Run

Introduction

[{"selector":"#anim-b6423bc6-ce79-433e-a498-f097ee4980ed","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c7414bcc-6885-4002-9b89-b9061bcdb1c0","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0ed78dd5-efa7-4304-b673-129aae631298","keyframes":{"transform":["translate3d(-106.66667%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d000b580-66f3-4c06-b5ef-5cd511219db8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7fbc5c87-7e7e-480e-99b4-1a88a5a37b4c","keyframes":{"transform":["translate3d(-106.93333%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The Harshad Mehta Bull Run was a notorious financial scam that rocked India in the early 1990s. Let's delve into the details of this gripping tale of deceit and manipulation.

Rise of Harshad Mehta

[{"selector":"#anim-2fdd96b2-f72e-4209-8cfa-40266819d1a7","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-07d4591d-b31b-4c6e-b5c0-b3a9686e35ad","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cf70c2fc-7f82-4dce-97dd-93bea26b7cd1","keyframes":{"transform":["translate3d(-106.66667%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-74fc16bb-1241-475d-b1f4-8226bc9b1bd0","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d2e99fc6-3964-4fcb-a92d-44801c01ca7e","keyframes":{"transform":["translate3d(-106.93333%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3f4250d5-beff-4edb-a2da-a72861e1a62e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c79c1794-4ea1-45e6-900a-108d74ae41bc","keyframes":{"transform":["translate3d(-107.23861%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Harshad Mehta, a stockbroker, rose from humble beginnings to become a prominent figure in the Indian stock market. His meteoric rise was fueled by dubious means. Read More

The Scam Unveiled

[{"selector":"#anim-31baf169-9f83-4082-8c0e-fc0de07316c8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bd98c092-6035-4d2c-b6cf-d6981254453f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0c6e111d-fec3-4468-b977-f1c3664e4eb8","keyframes":{"transform":["translate3d(-106.66667%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-657ea20a-478a-4f62-b66d-9b22b3553ca0","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-78221a8d-66aa-42d0-8c0f-ac63e7bb5df3","keyframes":{"transform":["translate3d(-106.93333%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-57829084-d82e-4c3a-aac6-4dc62a5e646d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1ad89fc0-ff8e-4a73-ac3d-92674305f205","keyframes":{"transform":["translate3d(-107.23861%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Discover how the Harshad Mehta scam came to light, exposing the intricacies of the fraudulent activities that led to the manipulation of the stock market. Read More

Impact on Investors

[{"selector":"#anim-3a5db5c9-17dc-4349-a744-ea2cbd17feb9","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7f2eae37-72f3-47e9-b41c-b3c4a02de86f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cb8b80ae-c3ed-4baa-88aa-64c829026e83","keyframes":{"transform":["translate3d(-106.66667%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d19b3cc0-ab00-402c-b026-e1df7d4c1a78","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ff6e2397-370b-4d9e-bca0-85ccb56df2b9","keyframes":{"transform":["translate3d(-106.93333%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8a0c5221-767a-46ca-9820-13664a3f3640","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4095bdfb-49f3-4233-acd6-2292f4a5eaa9","keyframes":{"transform":["translate3d(-107.23861%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The Harshad Mehta scam left thousands of investors devastated as the stock market crashed. Understand the widespread repercussions it had on the financial landscape. Read More

Legal Battles and Investigations

[{"selector":"#anim-f5e95711-014a-4de4-a7b4-de2a93ed6813","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5752fff5-4da5-450a-8022-70590b10ba22","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e5295ea6-73df-4d89-8744-9b22a2b6cfcd","keyframes":{"transform":["translate3d(-106.66667%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b368b490-f99b-41f2-86da-288cfb4898ff","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-46c707ea-fb83-4c50-aa7b-945f15359b07","keyframes":{"transform":["translate3d(-106.93333%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b4caa1f6-179a-448a-b6ad-957d9c977019","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-655c9350-fa28-448a-a43e-db2859dd7c38","keyframes":{"transform":["translate3d(-107.23861%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Explore the legal battles and investigations that followed the scam's revelation. Authorities struggled to bring the perpetrators to justice. Read More

Lessons Learned

[{"selector":"#anim-d3e792ce-51ef-42e5-8982-9c47fd053a6d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c79c798c-9f10-4021-ae56-9fa919364956","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0d2825e1-c464-4c3f-83cd-d0dbb26b3211","keyframes":{"transform":["translate3d(-106.66667%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f15c404f-3999-41f6-abe9-5ce7f687122c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-299f4322-8788-4ba8-a48b-f80ee984dcec","keyframes":{"transform":["translate3d(-106.93333%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9888fb14-956e-4ee9-a9ad-df07f9eeab9b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-de9973e2-a4d1-41be-aee1-799317fe054e","keyframes":{"transform":["translate3d(-107.23861%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Reflect on the key takeaways from the Harshad Mehta Bull Run and its significance in shaping India's financial regulations. Read More

Preventive Measures

[{"selector":"#anim-e9295d69-f6fd-491b-bb94-d2a64aa6df7b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-984e93c3-fa20-42e8-9019-83557a511f95","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-464911e3-5cf6-45df-bf6d-a4bad2f3a980","keyframes":{"transform":["translate3d(-106.66667%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-73cbad53-cae3-4d01-89af-96e116480115","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8ef6fa6f-9154-442d-b063-ed028a2a3073","keyframes":{"transform":["translate3d(-106.93333%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ec79d459-012a-4c72-92b9-c57f73263c76","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4bb59f6f-091d-4e21-9354-fd9a2de872d2","keyframes":{"transform":["translate3d(-107.23861%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn about the reforms and safeguards implemented to prevent similar scams in the future and protect the interests of investors. Read More

Lasting Legacy

[{"selector":"#anim-558e6ba6-ef42-4dd3-9ecd-a37a373b80d0","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f73ace89-090f-4604-96c3-63bc62d004f7","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-982d6d87-767a-4624-b0af-ecc259e1cb65","keyframes":{"transform":["translate3d(-106.66667%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-93850f64-5b23-4f69-a5bd-89ecac592e8e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-375f6630-7f87-437b-b373-d89861b5341e","keyframes":{"transform":["translate3d(-106.93333%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-867b94b8-2c39-4d79-a4a3-ee63cac22198","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-18e62630-d134-4df8-b9d6-3b001ba512e9","keyframes":{"transform":["translate3d(-107.23861%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Even decades later, the Harshad Mehta scam continues to leave a lasting impact on India's financial sector. Explore its enduring legacy. Read More

The Aftermath

[{"selector":"#anim-3e6b0dc4-f254-4366-8250-825b37a718ad","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d95da0bf-1221-4e07-85ce-118cebc1d583","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-58216bf4-46dd-4fad-a881-afaed32641fa","keyframes":{"transform":["translate3d(-106.66667%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e1e11a7b-0ec5-41b3-bd9d-e4681c8b8f1b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b0695432-d072-418d-9b1a-dadf4e28e729","keyframes":{"transform":["translate3d(-106.93333%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8123ae23-6e98-4916-89cf-3c2f10498b60","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0950454a-eb9c-4dc2-ac43-8808ed75e87b","keyframes":{"transform":["translate3d(-107.23861%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Discover what happened to Harshad Mehta and other individuals involved in the scam after the dust settled. Read More

Conclusion

[{"selector":"#anim-0347ec40-d10a-43d8-92d2-d98b5019059f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fb546f1f-7e41-4be2-883a-22bea50c854b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-33582d71-95dc-485a-a576-ee00a8ef1093","keyframes":{"transform":["translate3d(-106.66667%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b67e3b0b-c6fb-4376-9a00-85c7253fd90f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cb39041e-35fb-4808-abf3-8fc345d6886d","keyframes":{"transform":["translate3d(-106.93333%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The Harshad Mehta Bull Run remains a cautionary tale of greed, deception, and the need for stringent financial regulations. It serves as a reminder of the importance of ethical practices in the financial world.