Nifty futures on the NSE International Exchange traded 2.50 points, or 0.15 per cent, higher at 25,186, hinting at a flat start for the domestic market on Tuesday.
Nifty futures on the NSE International Exchange traded 37.40 points, or 0.15 per cent, lower at 25,186, hinting at a muted start for the domestic market on Monday.
SEBI has launched a sweeping crackdown on market manipulation, putting 200 firms under its radar. From raids at 80 locations to seizing digital evidence, the regulator is tightening its grip on pump-and-dump scams.
In a 105-page order replete with charts and data, SEBI said the firm used its "immense trading, financial and technological prowess" to distort prices in India’s two benchmark indices - Nifty and Bank Nifty - through aggressive high-frequency strategies.
Nifty futures on the NSE International Exchange traded 138.90 points, or 0.55 per cent, lower at 25,283, hinting at a weak start for the domestic market on Friday.
Nifty futures on the NSE International Exchange traded 4.30 points, or 0.02 per cent, lower at 25,554.50, hinting at a muted start for the domestic market on Thursday.
On January 17 and 23, 2024, the Bank Nifty saw sharp declines of over 2,000 and 1,200 points respectively—moves that SEBI’s investigation now links to US-based quant trader Jane Street. In its interim order, SEBI revealed that Jane Street made ₹750 crore in profit in a single expiry by allegedly manipulating prices through a sophisticated expiry-day strategy. Whistleblower Mayank Bansal, President of a UAE-based hedge fund, explains how Jane Street pushed Bank Nifty higher in the cash segment, then built large bearish options positions—only to crash the index by dumping stocks aggressively near the close. The intent: ensure those heavy options expired in-the-money and generate massive gains. Listen in
BTTV’s exclusive interview with Jane Street whistleblower Mayank Bansal, President of a UAE-based hedge fund, exposes the market manipulation game by Jane Street. SEBI has imposed a temporary ban on the US-based hedge fund, accusing it of running a “sinister and well-planned” market manipulation scheme. The regulator has frozen ₹4,840 crore of past profits and claims Jane Street manipulated Bank Nifty options during 15 out of 18 weekly expiries. The probe, triggered by a US court case, exposed aggressive expiry-day trading strategies. SEBI’s crackdown comes amid mounting retail losses in F&O—₹1.1 lakh crore in FY25 alone. Jane Street plans to contest the charges, calling SEBI’s claims “inflammatory.” Experts warn of a short-term impact on liquidity and derivatives turnover.
Nifty futures on the NSE International Exchange traded 25.40 points, or 0.10 per cent, lower at 25,586.50, hinting at a negative start for the domestic market on Wednesday.
Volumes in Bank Nifty futures and options - once the world's most traded index derivatives - have dropped off sharply.
SEBI’s crackdown on alleged manipulation by U.S.-based hedge fund Jane Street has sent shockwaves through India’s derivatives market. A white paper reveals that 91% of retail F&O traders lost money in FY25, with average losses rising to ₹1 lakh per person. SEBI plans tighter surveillance on weekly options expiries beyond Nifty and Bank Nifty. Market turnover is already shrinking — F&O volumes dropped 26% on the NSE — raising big questions about liquidity and retail participation. Market analyst Dharmesh Kant, Head of Equity Research at Chola Securities, responded that if large players like Jane Street exit, market structure and volumes could drastically change. Listen in.could drastically change. Listen in