Scam 1992 – The Harshad Mehta Story

The episode begins with Sucheta Dalal narrating the rise of the Indian economy and the Bombay Stock Exchange in the 1990s. On 22 April 1992, Sharad Bellary, an employee of State Bank of India comes to the Times of India office to report about a fraud worth ₹500 crores. He reports it to Sucheta (Shreya Dhanwanthary) and tells that Harshad Mehta (Pratik Gandhi) is behind the fraud. In the early years, Harshad lived in a middle-class family with his wife Jyoti, brother Ashwin, father Shantilal and mother Rasilaben. Shantilal owned a cloth business but was not so successful. So Harshad had to do some odd jobs to take care of the family. He got frustrated with the money problem. So he thought of working in the share market. He got a job as a jobber in the Bombay Stock Exchange.Scam 1992 The Harshad Mehta Story Season 1 Download.

He befriended Bhushan Bhatt, who taught him some of the basics. Harshad struggled on the first day, but he went on to become one of the best jobbers in the market. Then he began to collect insider information, which helped him to target certain stocks to make profits. But he wanted to increase his profit. So he quit his job and opened his own trading account with his brother Ashwin, which made his father frustrated.

Later, Ashwin gets married and the whole family shifts to a new apartment. To increase profit, Harshad began spreading fake insider information about the stocks which he targeted. In this way, he managed to win the support of Pranav Sheth, one of the bulls of BSE who was clearly impressed with his skills. In 1982, the market crashed on Black Friday due to the actions of the BSE Bear Cartel and Ajay Kedia and Harshad and his brother had to deal with a loss of ₹10 lakh.They are able to settle a part of their debt with family gold. Harshad’s trading account remains suspended until the full amount is returned.