INSUBCONTINENT EXCLUSIVE:
Jane Street, which has been barred from Indian markets for alleged manipulation in equity derivatives.In a 105-page interim order, SEBI
accused Jane Street and its affiliates of using high-frequency trading strategies to distort benchmark indices like Nifty 50 and Bank Nifty
highlighted by SEBI was "Intra-day Index Manipulation." On January 17, 2024, Jane Street allegedly bought Rs 4,370 crore worth of Bank Nifty
734.93 crore in a single day
remaining three.The regulator noted that Jane Street continued these trades despite a caution letter from the exchange and its own prior
commitments to refrain from such conduct.
Live EventsBSE ExposureAccording to Nuvama Research, Jane Street's direct trading volumes on the
ViewKunal Kamble, Senior Technical Research Analyst at Bonanza, said BSE had been trading in a narrow range for the past eight sessions, but
Technically, it may correct further toward the 50 EMA around Rs 2,550
views and opinions given by the experts are their own
These do not represent the views of the Economic Times)
