Shares of key capital market companies like BSE, Angel One, and CDSL gained on July 21 after reports confirmed that market regulator SEBI has allowed US-based hedge fund Jane Street to restart trading in India.
By 11:15 am, BSE shares were up by 3%, trading at ₹2,526. Motilal Oswal Financial Services Ltd (MOFSL) shares rose by 2%, while Angel One and CDSL saw gains of 1.42% and 1.31%, respectively.
According to Reuters, SEBI granted approval after Jane Street deposited ₹4,844 crore, matching the amount SEBI had frozen under its July 3 interim order. Two unnamed sources familiar with the matter said SEBI communicated this via email on July 18, lifting the interim restrictions.
However, Jane Street’s return to the Indian markets will be partial. As per one source, the firm has assured SEBI it will not trade in options and does not plan to trade in cash segments until it explains its past trades to the regulator.
Jane Street had been barred by SEBI earlier this month over allegations of index manipulation. The regulator found the New York-based high-frequency trading firm guilty of exploiting simultaneous positions in the cash, futures, and options markets, netting a profit of ₹36,671 crore between January 2023 and May 2025. SEBI froze ₹4,843 crore of its Indian funds as part of its probe and allowed a conditional resumption only if Jane Street deposited the equivalent amount under SEBI’s hold.
Although SEBI has now allowed trading, the exchanges are yet to facilitate Jane Street’s re-entry, said one of the Reuters sources.
This development has sparked optimism across the capital market sector, reflected in the rally seen in related stocks today. Investors will be watching closely as the probe continues and as Jane Street gradually steps back into India’s financial markets.
