Stock market movements are heavily influenced by macroeconomic trends like inflation, GDP, unemployment etc., and the government is the organization tasked with collecting and disseminating that data. When you don&#x27;t trust the numbers coming out of the central bank, you can&#x27;t have much trust that the stock market is reflecting the true value of the securities.<p>With regards to the Indian governments&#x27; fudging of macroeconomic stats, this article may be helpful: <a href="http:&#x2F;&#x2F;www.bloomberg.com&#x2F;news&#x2F;articles&#x2F;2015-12-14&#x2F;india-now-has-a-keqiang-index-and-it-paints-a-bleaker-growth-picture" rel="nofollow">http:&#x2F;&#x2F;www.bloomberg.com&#x2F;news&#x2F;articles&#x2F;2015-12-14&#x2F;india-now-...</a>