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The New Indian Express - Business - News Image
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BusinessJul 04, 2025 12:04 PM

Sebi bans Jane Street, impounds $566.3 million for manipulating Nifty index on expiry days

MUMBAI: The capital markets watchdog Securities Exchange Board (Sebi) has debarred the US proprietary trading firm Jane Street Capital from accessing the securities markets, and has impounded as much as $566 million for its illegal gain from manipulating the Nifty index. According to Sebi calculation, the company and its associated entities made a whopping Rs 36,671 crore in profits between January 2023 and May 2025, Sebi said in the 105-page interim order passed by the whole-time member Ananth ...Read More >

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