SEBI has temporarily barred Jane Street from the Indian stock market and impounded ₹4,840 crore for alleged index manipulation, raising concerns about retail traders' vulnerabilities in derivatives trading.

The Securities and Exchange Board of India (Sebi) has recently taken action against the global trading firm Jane Street which has triggered significant conversations around the Indian stock market and how it functions.

MUMBAI: In his first public comments on the Jane Street scam, markets regulator Tuhin Kanta Pandey said, “Sebi will not tolerate market manipulation at any cost.” It can be recalled that Sebi, in an interim order issued in the early hours of Friday,