Angel One’s Dinesh Thakkar believes SEBI’s action against Jane Street will not derail India’s market momentum, which he says is driven by strong structural factors. He welcomed the crackdown for strengthening governance and transparency.

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.

Here's a simple breakdown of the what, why, and how of the Jane Street saga. The case finally reached the regulator SEBI on July 3, resulting in a ban on the Wa