Jane Street aftermath: 4 stocks suffer Rs 12,000 crore wipeout in collateral damage
Markets regulator Sebi’s investigation into Jane Street may have unintended consequences for Dalal Street, as was evident on Friday when four capital market-related stocks collectively lost Rs 12,000 crore in market value. The regulatory action has exposed the market’s dependence on proprietary trading firms and their domestic partners. What began as targeted enforcement against alleged…