Mumbai : Indian regulators have temporarily barred US securities trading company Jane Street from accessing the local securities market for alleged index manipulation, dealing a severe hit to the ...

India's market regulator Sebi has barred US-based trading firm Jane Street from the Indian securities market, accusing it of manipulating Bank Nifty expiry-day trades for massive profits.

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The SEBI order states that the unlawful gains earned by the JS Group entities, from the alleged violations, amounting to Rs 4,843 crore, will be impounded.

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