Are there any theories regarding hidden influences behind major stock market incidents in India like the NSE outage and IEX crashes?

I’ve been following recent events and I’m curious if others share similar concerns. For example, the major NSE outage in February 2021 and the way public statements from power sector ministers about the Indian Energy Exchange (IEX) have led to huge stock price movements raise a lot of questions. The involvement of figures like SEBI head Madhabi Puri Buch, especially with ties to ICICI Securities, and the role of Finance Minister Nirmala Sitharaman in not addressing these issues fully, has made me wonder if there are hidden players at work behind the scenes. I’m interested to know if anyone else feels there could be coordination or influences affecting these market events. Do you think certain individuals or groups are using their positions to protect or benefit specific entities in the stock market? Are there any similar instances in other markets where this kind of thing has happened? Could it be possible that Madhabi and Nirmala jointly pulled the plug.