Jane Street’s Return Boosts Capital Market Stocks; BSE, Angel One Rise Up to 3%

Shares of BSE, Angel One gained up to 1.34% & 3.82% respectively, on July 22 after the Securities and Exchange Board of India (SEBI) gave conditional approval to U.S.-based trading firm Jane Street to resume trading. This positive development lifted investor sentiment, especially for companies closely tied to stock market operations.

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Market Reaction

Shares of the Bombay Stock Exchange (BSE), which had dropped nearly 8% over the past month following SEBI’s initial ban on Jane Street, rebounded by almost 2% to ₹2,556.

Angel One and Nuvama Wealth Management, another key player in India’s brokerage landscape, gained close to 3% each, trading around ₹2,556 and ₹7,780, respectively. Notably, Nuvama is Jane Street’s local trading partner in India. However, Nuvama shares later saw some profit booking.

Other capital market-linked stocks also saw gains, like Central Depository Services (India) Ltd (CDSL) climbed 1.21% to ₹1,710.60.

SEBI’s Conditional Clearance

SEBI, in a statement issued on July 21, confirmed that Jane Street has met a major compliance requirement by depositing around ₹4,800 crore into an escrow account. The deposit was in response to SEBI’s July 3 directive following allegations of market manipulation.

The regulator had previously restrained Jane Street from participating in Indian markets amid suspicions of unfair trading in Bank Nifty and Nifty options between January 2023 and May 2025. The alleged pattern involved heavy buying in the cash and futures segment in the morning, followed by aggressive selling in options in the afternoon, creating misleading market signals. SEBI estimates the illegal gains from this strategy to be approximately ₹4,843.5 crore.

Although SEBI has conditionally lifted restrictions, it has directed all stock exchanges to strictly monitor Jane Street’s future trades. The firm must also refrain from any activity that violates regulatory norms.

Conclusion

Jane Street’s partial return to Indian markets has brought relief to capital market-linked stocks, many of which rebounded after weeks of selling pressure. While SEBI continues its investigation, the regulator’s cautious yet flexible approach is being seen as a positive signal for the broader market ecosystem. With compliance in place and surveillance stepped up, investor confidence appears to be on the mend.