Jane Street's return propels capital market stocks higher; BSE, Angel One, CDSL rise up to 3%

Shares of companies linked to India’s capital markets, such as BSE , Angel One , and CDS, surged by up to 3% on Monday on reports that the Securities and Exchange Board of India (Sebi) has allowed Jane Street, a U.S.-based global trading firm, to resume trading operations in India. Last week, the New York-based Jane Street Group deposited ₹4,800 crore into an escrow account, as mandated by the regulator in its July 3 order, and had requested the regulator to lift trading restrictions imposed on its participation in Indian equity markets.

Cheering the news, shares of capital markets firms such as Angel One, Bombay Stock Exchange (BSE), and CDSL rose up to 3% in intraday trade today.

Shares of BSE gained as much as 3.5% to ₹2,535 on the BSE, while Angel One shares rose 2.1% to hit a low of ₹2,736 apiece. Similarly, Central Depository Services (India) shares climbed 2.2% to touch a high of ₹1,736 during the session today.

On the other hand, shares of Nuvama Wealth Management fell as much as 3.1% to ₹ 7,486.50 on the BSE.

Meanwhile, the equity benchmark indices, BSE Sensex and NSE Nifty, were up 0.2% each in choppy trade.

Media reports suggest Sebi has conditionally permitted Jane Street Capital to resume trading in Indian markets, following an escrow deposit of ₹4,800 crore. Jane Street had also requested the regulator to consider lifting certain conditional restrictions imposed under the interim order. The firm urged it to issue appropriate directions that would ease constraints on its trading activities, citing compliance with the directive as the basis for reconsideration.

Sebi, in response, confirmed the request was under examination and reiterated its commitment to due process, ensuring the integrity of the securities market.

In an interim order on July 3, 2025, Sebi had barred the U.S.-based investment firm and its group entities from accessing the securities market in India, while directing them to submit ₹4,843.57 crore in alleged unlawful gains. 

The Jane Street Group entities operating in India - JSI Investments, JSI2 Investments, Jane Street Singapore, and Jane Street Asia Trading - allegedly manipulated Bank Nifty, the 12-stock banking index, and benefited in unlawful gains worth ₹4,843.6 crore, as per Sebi.

Soon after the market regulator barred Jane Street Group, Chairman Tuhin Kanta Pandey hinted that the regulator was increasing its surveillance to deeply analyse manipulation in derivatives trading in the world's largest derivatives market.

A recent Sebi report, which came after the action against Jane Street Group, individual traders collectively lost over ₹2.87 lakh crore through futures and options (F&O) trading over a four-year period. Alarmingly, the net losses of individual traders widened to ₹1.05 lakh crore in FY25 alone, flagging the growing financial risk borne by retail participants in the derivatives segment.

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