“The actions of the Nower Stock Market indicate 3 aspects: Power of money, low liquidity in a stock market,” the president of the capital, “president of the capital.
The new stock market actions indicate 3 aspects: money power, low liquidity in a stocks vs.Index models related to number, less foundations. Market’s main role is to improve capital formation, the discretion of equal price.
– Uday Kotak (@ultaykotak) July 5, 2025
Kotak’s words come in a day after the Securities and Exchange Board of India (SEBI) Street group of secure and four fellow stages from the Rs 4,840 crore of allegedly unlawful victories.
A crackdown to re-expiry
In a 105-page interim order issued Friday, Sebi accuses Jane Street that prompts high volume, the indexes to manipulate and book multiple income from index options. The regulator says the company has done more than Rs 36,500 crore of Indian net income between January 2025, where index options are alone.
The order said Jane Street used a strategy called “Intra-Day Index Manipulation” on 15 of the 18 Expiry Days Sebi Examined, which involved buying large quantities of index constituent stocks in the morning to artificially push up prets in the derivatives market. These trades later are repeated driving prices, healing from the fall.
On January 17, 2024, Sebi, the company said the company has been purchased by the RS 4,370 crore amount of bank stocks in the morning, which makes a misconception of strength. At the same time, it built Rs 32,114.96 crore amount of options with Bearish options. Afternoon, the money market returns to the index market and booking Rs 734.93 crore of profits from India’s profits.
“Selling aggressively, in a way that pushes prices of stock components and hence indexes. JS Futures market books lost,” as in order. “The profits of index choices are more than charging for JS group losses.”
Read again | Rs 735 crore in 1 day! Jane’s most useful day in Dalal Street is built on bankty bank fall
Reverse warnings, mounting concerns
Sebi said it began to review Jane’s trades on Street on April 2024, and issued a letter of February 2025 through the National Stock Exchange (NSE) to prevent the company to prevent patterns. However, “the JS group continues to both trades, with no respect for the warning letter from self-commitments … and the own commitments to the JS group,” the regulator.
In three other days expiry, the company allegedly interacts with a “strategy marking nearly” withdrawal orders to prevent index positions or high positions.
Sebi wrote that the firm was “consistently running what appeared to be by far the largest risks in ‘cash equivalent’ terms in F & O Particularly on Index Option Expiry Days, and Were Hence The The Nifty Bank Itself Was Being Artificially and temporarily propped up. “
Jane Street will respond
Jane Street denies any mistakes. “The disputes of Jane Street are found in the sebi order and further engage in the regulator,” the company said to a wonderful response to Reuter. It has been added that it is committed to operating following the world’s regulations.
The company, who started operations in India on December 2020, there were 21 days to answer the SEBI command or challenge it before the securities to heal the court.
As of Friday, Four Jane Street-Linked Entities – Jsi Investments Pvt Ltd, JSI2 Investments Pvt Ltd, Jane Street Singapore Pte Ltd, and Jane Street Asia Trading Ltd – have been prohibited from buying, selling, or dealing in Indian securities, and their accounts have been placed under a debit freeze.
How to crack SEBI on Jane Street exposed: a 15-month-old examination and ignoring warnings
Kotak’s post raises relatives he raises the investigation: that the market is very impressed by the approval of high frequency, algorithmic investments to evaluate signals. The regulator taught a growing unbalanced, where foreigners in foreigners and proprietaries made up of Rs 610 billion strategies, almost equivalent to losses absorbed by lead participants.
