Harshad Mehta

The Big Bull of Dalal Street

Harshad Mehta was a stockbroker who became famous for his involvement in the 1992 Indian stock market scam. He was known as the "Big Bull" because of his immense influence in the stock market, driving up share prices to unprecedented levels. His story remains one of India's most notorious financial scandals.

The Scam of 1992

Mehta exploited loopholes in the banking system, diverting funds to buy stocks, artificially inflating their prices. When the scam unraveled, it led to a market crash, massive losses for investors, and reforms in India's financial system.