Market experts appreciated Securities and Exchange Board of India (SEBI) allowing trading to US proprietary trading firm Jane Street, with certain restrictions, after it deposited the alleged unlawful gains of Rs 4863 crore in an escrow account as per the regulator's interim order of Jul 3rd
The Securities and Exchange Board of India (SEBI) has allowed the US proprietary trading firm Jane Street to resume trading in the Indian stock markets, noting that the company was permitted to resume trading after complying with the regulator's interim order of July 3 and transferring Rs 4,
At the end of the trading session, BSE Sensex was up 442.62 points or 0.54 per cent at 82,200.34, and the Nifty 50 at National Stock Exchange (NSE) was up 122.30 points or 0.49 per cent at 25,090.70.
Securities and Exchange Board of India (SEBI) has allowed U.S. proprietary trading firm Jane Street to resume trading in the Indian stock markets following the US firm deposited USD 567 million, according to a source based report by news agency Reuters.
Indian stock markets made a muted start on Monday, with both benchmark indices opening flat as investor sentiment remained weak amid ongoing uncertainty around the India-US trade deal.
Participants in the Indian stock markets will closely monitor ongoing tariff-related discussions, high-frequency indicators from both the US and India, two consecutive declines in forex reserves, and the earnings of the companies.
The Indian stock market opened flat on Friday as weak investor sentiment continued due to sustained selling by Foreign Portfolio Investors (FPIs) and a subdued earnings season in the IT sector.
At close of trading, the Sensex was down 375.24 points or 0.45 per cent at 82,259.24, and the Nifty declined 100.60 points or 0.40 per cent at 25,111.45.
Indian benchmark indices on Wednesday opened flat due to the weakness in Asian markets and cautious investors' sentiment ahead of the corporate earnings and major economic updates on trade discussions.