Sebi bans Jane Street, says disgorge Rs 4.8k crore | Dununu.com :...

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Sebi bans Jane Street, says disgorge Rs 4.8k crore

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SEBI has banned US-based Jane Street from the Indian market for allegedly manipulating stocks and derivatives, ordering them to return nearly ₹4,850 crore in illegal gains. The firm is accused of strategies involving Bank Nifty stocks and index options to inflate profits. Despite a warning from NSE, Jane Street continued large trading positions.

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