BSE and NSE shareholders have collectively lost Rs 1.4 lakh crore in market capitalisation following SEBI's bombshell order barring US quant firm Jane Street from Indian markets over alleged Nifty Bank manipulation. The regulatory action froze Rs 4,840 crore in assets and triggered a brutal sell-off.
BSE shares have plummeted 22% from their June peak to Rs 2,376, wiping out Rs 26,600 crore in market value. NSE lost Rs 1.15 lakh crore, with shares down 18% to Rs 2,125. Derivatives turnover has collapsed, with NSE's index options turnover dropping 21% and total premium turnover hitting its lowest level since mid-March.
The timing compounds concerns as SEBI data reveals retail traders suffered Rs 1.05 lakh crore losses in derivatives trading during FY25.
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