The series chronicles the true story of Harshad Mehta (played with stunning charisma by Pratik Gandhi), a Bombay-based stockbroker, often hailed as the 'Big Bull of Dalal Street,' who orchestrated the 1992 Indian securities scam and a spectacular market crash. The story details how Mehta manipulated the stock market by illegally diverting funds from the banking system using fraudulent bank receipts, involving major institutions like the State Bank of India (SBI). The series meticulously outlines the scam's mechanics, showing how Mehta used this money to artificially inflate stock prices, and follows its investigation and exposure by journalist Sucheta Dalal (played by Shreya Dhanwanthary). The consequences were severe, leading to a massive market crash of 72% and a bearish phase that lasted two years.
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