SEBI’s ban on Jane Street can be made bad news for the ban exchanges and brokers! Why Nitin Kamat of Zerodha said this – sebi ban on jane street out
Capital Market Regulator SEBI has banned Global Proprightry Trading firm Jane Street in the US in India’s security markets. The firm is accused of allegedly manipulating the index level in the expiry days to earn huge profits in index options. SEBI has instructed it to return a profit of Rs 4,843 crore in an illegal manner. This can be the most recovered amount of SEBI so far.
Security and Exchange Board of India (SEBI) has banned JSI Investments of Jane Street Group in the interim order, JSI2 Investments Private Limited, Jen Street Singapore PTE Limited and Jen Street Asia Trading were banned in security markets. These entities have also been barred from purchasing, selling or doing other transactions in direct or indirect manner. According to SEBI’s order, banks are also instructed to ensure that no debit is made without the permission of SEBI in the case of accounts opened by Gen Street Group companies in Individy or Joint.
This action of SEBI has created a stir in the derivative market of India. Traders and market participants are still guessing its results. Nitin Kamat, co-founder of online broking platform Jirodha, has praised SEBI’s alertness and dedication in this case. But at the same time warned that it can also prove to be bad news for ban, exchanges and brokers.
About 50% in the option trading volume of Prop Trading Firms
Kamat wrote in his post, ‘To follow Jane Street, you will have to give SEBI to SEBI. If the allegations are true, then it is clearly manipulated in the market. Further written that the most shocking thing is that Jane Street continued to do so even after receiving warnings from stock exchanges. Perhaps this happens when you become accustomed to a liberal American regulatory system. American market structure has dark pools, payment for order flow, and many other flaws. These allow hedge funds to make billions from retail investors. But due to the regulators of India, none of these practice will be allowed in our country.
Kamat also said that Prop Trading Firms like Jane Street holds about 50% in the option trading volume. If they pull their hands and which can be, then the retail activity in option trading may be shocked by 35%. If this happens, it can be bad news for both exchanges and brokers. Now in the next few days, F&O (Future and Options) Volume will tell how much we are dependent on these renowned Prop Trading Firms.
Jane Street violates FPI rules to earn profit in Indian markets!
Jane Street Group started in the year 2000
The Gen Street Group was started in 2000. It has more than 2,600 employees in 5 offices in the US, Europe and Asia and operates trading in 45 countries. SEBI says that Jane Street’s entities made a profit of over Rs 44,358 crore from NSE index options from January 2023 to March 2025 in all NSE product categories and segment.
Jane Street Capital is one of the world’s large proprietary firms. The proprietary firm is called a firm that trades for itself instead of a client. Gen Street Singapore PTE is registered as Foreign Portfolio Investor (FPI) in India. Jane Street launched its operations in India in December 2020. It earned more than $ 2.3 billion from equity derivatives in India in 2024. As of December 2024, the firm’s revenue from India’s operations was Rs 20,000 crore.
Tata Steel received a demand notice of ₹ 1902 crore, what has happened like this – Tata Steel Received Rs 1902 Crore Demand Notice from Deputy Director of Mines in Jajpur Alleged Shortfall in Dispatch of Minrarals from Sukinda Chromite Block in Odisha
Tata Steel has received a demand notice of Rs 1,902 crore. It is associated with revised assessment of alleged decrease in mineral dispatches from the company’s wounded chromite block in Odisha. The demand letter has been released by the Deputy Director of Mines of Jajpur, Odisha. The company has told the stock markets about this and said that it will challenge it.
Tata Steel said in the exchange filing, “The company has received a demand letter from the office of Jajpur’s Deputy Director of Mines in the fourth year in terms of mine development and production agreement from 23 July 2023 to 22 July 2024 from the office of Deputy Director of Mines of Jajpur for decrease in the dispatch of minerals.” Tata Steel is accused of violation of Rule 12A of Consignment Rules, 2016, Minerals (apart from nuclear and hydrocarbon energy minerals).
The demand made in the letter is a total of Rs 19,02,72,53,760. According to Tata Steel, her management believes that the demands of the Odisha state lack justification and solid base. The company will challenge the demand letter on the appropriate platform.
A notice of 1000 crores was received in June
In the month of June Tata steel Has received a show cause notice for Rs 1000 crore to a low tax demand notice. The company was issued by the Commissioner (AUDIT) of the Central Tax (Audit) of Neetis Ranchi, accusing the company of incorrectly taking advantage of the input tax credit between the financial year 2018-19 to 2022-23.
Share falls in fall
On July 4, Tata Steel shares closed at Rs 163, nearly 2 percent on BSE. The company’s market cap is Rs 2 lakh crore. The stock has risen 18 percent in 6 months. It has seen a rise of 7 percent in 2 weeks. The company had a 33.19 percent stake in the company till the end of March 2025. In June, JM Financial gave a target price of Rs 180 per share with a BUY rating for Tata Steel shares.
SEBI’s ban on Jane Street can be made bad news for the ban exchanges and brokers! Why Nitin Kamat of Zerodha said this
Tata Steel’s January-March 2025 was Rs 34,398.84 crore on the standalone basis in the 2025 quarter. During this period, net profit was recorded at Rs 3,169.19 crore and Earnings per share was Rs 2.54 crore. Revenue was Rs 1,32,516.66 crore, net profit of Rs 13,969.70 crore and earnings per share at Rs 11.19 crore in FY 2024-25.
Disclaimer: Advice or idea experts/brokerage firms given on Moneycontrol.com have their own personal views. The website or management is not responsible for this. Moneycontrol advises to users that always seek the advice of certified experts before taking any investment decision.
Share Market Holiday: If this happened, then the stock market can be closed on Monday, know what is the reason – Share Market Holiday Stock Market May Close on Monday 7 July Due to Muhurram Chand Nazar Aaya Bse Nse NSE
Share Market Holiday 2025: The stock market may close on Monday 7 July. Muharram is a holiday in the stock market. Muharram’s holiday has already been given on 6 July in the calendar of BSE and NSE. July 6 is Sunday and then the stock market will remain closed due to weekly holiday. When will India be celebrated in India from 6 or 7 July this year? This has not been decided yet because the date of Muharram will be decided on the basis of the moon visible.
Stock market may be closed on Monday 7 July
When will Muharram be? It will be known on the night of July 5 tomorrow when Muharram will be celebrated. If it happens that the moon was not seen on 5 July, then Muharram will be celebrated on Monday 7 July. If there is Muharram on 7 July, then both bank and stock markets in the country will be closed. That is, then there will be no trading in NSE and BSE on Monday. If the moon is seen last night, then there will be Muharram on 6 July. The country and most of the states have given a holiday to Muharram on 6 July. July 6 is Sunday. If there is Muharram on Sunday, no holiday will be found separately.
Holiday list of stock market in the year 2025
According to official websites of BSE and NSE, full list of 2025 holidays
The stock market will be holiday on 6 July due to Muharram. However, on July 6 is Sunday and Sunday is a weekly holiday of the stock market. There will be no separate holiday for Muharram, that is, due to Sunday, Muharram’s holiday is over. However, if Muharram happens on Monday 7 July, the stock market will remain closed on that day. That is, there will be no business or trading in the stock market.
The market in August will remain closed on Independence Day on August 15 and Ganesh Chaturthi on 27 August.
Markets will be closed for the most three days in October
October 2: Mahatma Gandhi Jayanti and Dussehra
October 21: Diwali Laxmi Pujan
October 22: Diwali Balipratipada
Muhurta Trading: On the day of Diwali Lakshmi Pujan (21 October) Muhurta trading will be done. Its time will be announced later.
These festivals fall on weekends
In the new year 2025, some festivals are lying on weekends. The separate market will not be closed for these days.
July 6: Muharram (Sunday)
On July 7, holiday will remain across the country! Will banks and markets be closed, check list
Defense Stocks: Approve these proposals of ₹ 1.05 lakh crore, Defense Stocks Rocket – Defense Stocks Paras Defense BEML BDL BDL Others Rally up to 9 Percent after DAC Clears Rupees 1 05 Lakh Crore Defense Purchases
Defense stocks: Defense Acquisition Council (DAC) approved a capital acquisition proposal of about ₹ 1.05 lakh crore and became a defense stocks rocket. Due to the rise of defense shares, the Nifty India Defense Index jumped around 1.7% to close to 9006. The DAC, led by Union Defense Minister Rajnath Singh, approved 10 Capital Acquisition Proposals worth around ₹ 1.05 lakh crore on 3 July. All the proposals that have been approved are all indigenously designed and developed and made under the purchases made. This approval set the defense shares on fire and became rockets.
Will the government buy?
The DAC meeting led by Union Defense Minister Rajnath Singh approved the proposals of important defense purchases including armored recovery vehicles, electronic warfare systems, SAM, integrated inventory systems, naval mines, mine counter Major Wesels and Submersible Autonomous Vessals. The Ministry of Defense has stated on X (East Name (Twitter) that it will promote mobility, air defense, logistics efficiency and meritime security.
The defense acquisition council, chaired by raksha mantri shri @rajnathsingh On July 3, Approved 10 Capital Acquisition Proposals Worth Approx. Rs 1.05 Lakh Crore through indigenous sources. Key Approvals Include Armoured Recovery Vehicles, Electronic Warfare Systems, Sams,…
– Ministry of Defense, Government of India (@SPOKESPERSONMOD) July 3, 2025
Stockwaise is the situation
The government emphasized the med-in-India weapons and approved 10 proposals of about ₹ 1.05 lakh crore and became a defense stocks rocket. Paras Defense shares the biggest faster on Nifty India Defense and it rose to ₹ 923 to ₹ 923. In addition to Paras Defense, the rest of the defense stocks spoke about 3-3% shares of Garden Reach Shipbuilders and Engineers (GRSE) and Zen Technologies.
Apart from this, the shares of Cochin Shipyard and the shares of weapon microwave products jumped more than two and a half percent. Shares of Mazagon Dock Shipbuilders and Bharat Dynamics also jumped more than 2-2%. Shares of BEML and Data Pattern also jumped around 2%. Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (Bharat Electronics LTD-BEL), Siant DLM and Solar Industries rose more than 1-1%.
Disclaimer: Here information provided is being given only for information. It is necessary to mention here that the investment market in the market is subject to risks. Always consult experts before investing money as an investor. There is never advice to anyone to invest money on behalf of Moneycontrol.
For the new swing in the market, you will have to wait a little, learn from Anuj Singhal what should be in the index today – You will have a bit for a new swing in the market know from anuj singhal what should be the strategy in the strategy in the Index Today
Anuj Singhal, Managing Editor, CNBC Voice
The market is still in a range. The range remains intact until below 25,350 or above 25,650. Moving averages have come up with a decline of 3 days or consolidation. 10 Dema is at 25,350 and 20 Dema is at 25,200. There may be corrections up to 20 Dema in any growing market. Such correction is a good opportunity to shop. The trend changes if 20 dema breaks. So far this trend is not reversible, just a little profitable. The strategy is the same, buy Month End Calls in the fall. If the Nifty breaks 20 Dema, that trade will end.
What should be the strategy now?
The market is not weak at all. Auto, FMCG, consumer durable shares are running. This means that the market still has not given up hope for the results. Defense and capital market shares also went on yesterday. This means a rally in market leading stocks. The market will not give you a rally every day. We took advantage of a big rally and trailing SL. Now there is a little waiting for the new swing. But the feeling is still with a breakout. Just Q1 results should not be bad. At this time, the risk is now only from the results.
Strategy on Nifty
The first registration is at 25,450-25,550 while the big registration is at 25,550-25,650. The most important support for this is at 25,300-25,350 while the next major support was made at 24,150-24,200. It is possible that the Nifty breaks the range today. Trade the range but be prepared for a breakout move.
Strategy on Nifty Bank
The Nifty Bank closed at 10 Dema of 56,800. The next major support has reached 20 Dema of 56,500. Shopping in a decline with a SL of 56,400 can work. The first registration is at 56,850-56,950 while the big registration is at 57,000-57,200.
Nifty Strategy for Today: Nifty – Banks want to earn profits in Nifty today, then definitely pay attention to these levels
(Disclaimer: The ideas given on Moneycontrol.com have their own personal views. The website or management is not responsible for this. Money control advice to users to seek the advice of the Setted Experts before making any investment decisions.
Radhakishan Damani’s jackpot in NSE’s IPO! – Ace Investor Radhakishan Damani Holds RS 9300 Crore Stake in NSE iPO Watch Video to Know Will He Offloads Shares in iPo
Markets
NSE iPO: Radhakishan Damani, one of the world’s largest investors in the stock market, now stands on another big earning threshold. The National Stock Exchange (NSE )’s Initial Public Offer (IPO) can unlock a value of about Rs 9,300 crore. This IPO is expected to come soon. Radhakishan Damani has 3.91 crore shares of NSE, which is equal to its 1.58% stake.
Emcure Pharma Block Deal: Namita can sell Ben Capital in Thapar’s company 2.4%, how much is going to be the deal – Emcure Pharmaceuticals Block Deal Bain Capital Backed BC Investments IV Looking to Sell 2 4 Percent For 4 Percent For 51 CROROR Check Floor Price Share Performance and Target Price
Emcure pharmaceuticals share sale: Namita Thapar, a judge in the shark tank India, may sell 2.4 percent stake through a block deal in the company, a company, a company. CNBC-TV18 has shown from sources that BC Investments IV invested by Ben Capital can sell shares for Rs 551 crore. The floor price for transactions has been kept at Rs 1,279.80 per share.
The share of the Mecre Pharma closed at Rs 1280.30 on 3 July with a 0.70 percent gains on BSE. The company’s market cap is Rs 24200 crore. The face value of the stock is Rs 10. The stock has come down 12 percent in 6 months. At the same time, 24 percent has climbed in 3 months.
The company was listed in the stock market in July 2024. Its Rs 1,952.03 crore IPO was filled 67.87 times. Namita Thapar is a hole time director in the company. So far, a record high of Rs 1,577.50 on the stock BSE and a record low of Rs 890 have been gone.
Profit increased by 64 percent in March quarter
Emcure pharmaceuticals The net consolidated profit in January-March 2025 quarter increased by 63 percent to Rs 197.23 crore on an annual basis. The profit for the owners of the holding company increased by 64 percent to Rs 188.95 crore. Consolidated revenue from the operations rose by 19.5 percent to Rs 2116 crore on an annual basis, which was Rs 1771 crore in the March 2024 quarter. Consolidated Revenue Rs 7896 crore was recorded from the operations of Makor Pharma for the entire financial year 2024-25. It was Rs 6658.25 crore a year ago. Pure consolidated profits were Rs 707.46 crore, which was Rs 527.57 crore in FY 2023-24.
The Board of McMure Pharma has recommended a final dividend of Rs 3 per share for FY 2024-25. On this, the approval of shareholders will be taken in the company’s annual general meeting. Dividend will be paid after approval. The record date for dividend is not yet decided.
Piramal Pharma Block Deal: Carlile can sell 10% stake, how many crores can be dealt with
What expects brokerage from share
The brokerage firm Kotak Institutional Equites increased the target price for the Share of Mecre Pharma after the company’s march quarterly results were released in May. Brokerage retained the “by” rating and increased the target price from ₹ 1,515 to ₹ 1,625 per. There are 3 analyst coverage on this stock right now. Two has given the rating ‘bye’, while one has given a ‘hold’ call.
Disclaimer: Advice or idea experts/brokerage firms given on Moneycontrol.com have their own personal views. The website or management is not responsible for this. Moneycontrol advises to users that always seek the advice of certified experts before taking any investment decision.
Bajaj Housing Finance: 22% growth in the first quarter, will the impact look on shares? – Bajaj Housing Finance Stock in Focus after Q1 Business Update
Bajaj housing finance: Bajaj Group giant Bajaj Housing Finance Limited (BHFL) has performed strongly in the first quarter of FY 2025-26. In the preliminary information given to the exchanges on Wednesday, the company said that its total debt disbursement increased by 22% to ₹ 14,640 crore in the April-June quarter, which was ₹ 12,004 crore in the same period last year.
BHFL’s AUM also strong
Bajaj Housing Finance’s total asset under management (AUM) increased to about ₹ 1.20 lakh crore by 30 June 2025. This is a 24% growth on an annual basis. Compared to the previous quarter, it recorded an increase of ₹ 5,716 crore.
The company’s loan assets are also showing positive trends. This figure has increased from ₹ 85,283 crore to ₹ 1.06 lakh crore, which shows a strong demand and portfolio expansion of housing loans. BHFL reported that the figures released are provisional and will remain under the final statutory audit.
BHFL shares
Bajaj Housing shares closed down a slight decline of 0.08% on Wednesday at ₹ 121.25. This year i.e. in 2025, Bajaj’s shares have fallen by 4.59% so far. The share of Bajaj Housing is currently 35.67% from its all -time high ₹ 188.50. Its market cap is ₹ 1.01 lakh crore.
What is Bajaj Housing Business?
Bajaj Housing Finance Limited (BHFL) is a subsidiary of Bajaj Finserv Group. It mainly provides retail and corporate housing finance services such as home loan, loan Against property, and developer finance.
The company’s focus is on providing loan facility in both affordable and premium real estate segment. BHFL has become a big name in the real estate finance sector through its strict underwriting standard, technology-driving process and sharp delivery model.
ALSO READ: Piramal Pharma Block Deal: Carlile can sell 10% stake, how many crores can be dealt with
Disclaimer: Here information provided is being given only for information. It is necessary to mention here that the investment market in the market is subject to risks. Always consult experts before investing money as an investor. There is never advice to anyone to invest money on behalf of Moneycontrol.
MRF is going to give the final dividend of ₹ 229, record date fixed – MRF LTD is GIVING RS 229 per share final dividend for fy25 july 18 fixed as record date is it worth to buy share
The shareholders of tire company MRF are going to get a final dividend of Rs 229 per share for FY 2024-25. It was announced in May this year during the declaration of results of January -March 2025 quarter and FY 2025. Now the company’s board has announced a record date to decide the eligibility of shareholders for dividends at the July 3 meeting.
Earlier, the MRF has given an interim dividend of Rs 3-3 per share twice for FY 2025. The total dividend given by the company for FY 2025, including the final dividend, will share Rs 235 per share. In FY 2024, the company gave a final dividend of Rs 194 per share and an interim dividend of Rs 3-3 per share in twice.
MRF LTD’s stock closed at Rs 144730.20 on 3 July, down 0.26 percent on BSE. During the day, the stock had climbed about 2 percent from the last closed price to 52 weeks fresh high 147890 rupees. The company’s market cap is more than Rs 61300 crore. According to the BSE, the stock has gained 12 percent in a year, 14 percent in 6 months and 26 percent in 3 months. The company had 27.78 percent stake in the company till the end of March 2025.
Mrf Ltd’s net profit increased by 29 percent to Rs 512.11 crore on an annual basis in January-March 2025 quarter. It was Rs 396.11 crore a year ago. Consolidated revenue from operations increased by 11.4 percent to Rs 7074.82 crore on an annual basis. It was Rs 6349.36 crore a year ago. The expenditure increased to Rs 6526.87 crore, which was Rs 5915.83 crore in the March 2024 quarter.
The MRF’s net profit in the entire financial year 2024-25 was Rs 1869.29 crore, which is less than Rs 2081.23 crore. Revenue rose to Rs 28153.18 crore from the operations, which was Rs 25169.21 crore in FY 2024.