According to reports, Sebi has banned Jane Street Group and four affiliates from trading in India and frozen Rs 4,840 crore. Key highlights:
• Sebi’s action exposes money power and low liquidity in stock market.
• Market dynamics rely heavily on volume rather than fundamentals.
• Market’s main role is to ensure fair price discovery and capital formation.
The development underscores the need for transparency and adherence to regulations in the Indian business environment.
Source: Economic Times