📰 Headline: Capital Market Stocks Rise as SEBI Eases Curbs on Jane Street
On July 22, shares of broking and wealth management firms like Angel One and Nuvama jumped ~3% after SEBI eased earlier restrictions on Jane Street, a global trading firm. The Nifty Capital Markets index rose over 0.5%, continuing gains for the second day. SEBI allowed Jane Street to trade again but with conditions — they must avoid unfair practices, and exchanges will closely monitor their activity during an ongoing probe. 👉 Nuvama is Jane Street’s Indian partner, which likely boosted its stock.
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