BUZZ-India's BSE, Angel One, Nuvama and CDSL climb as Jane Steet deposits 48.44 billion rupees

Reuters
Jul 14
BUZZ-India's BSE, Angel One, Nuvama and CDSL climb as Jane Steet deposits 48.44 billion rupees 

** India's exchange operator BSE BSEL.NS climbs 4.1%; Central Depository Services (India) CENA.NS up 1.8%

** Stock brokers Nuvama Wealth Management NUVA.NS and Angel One ANGO.NS gain 1.8% and 0.8%, respectively

** India's markets regulator said Jane Street has deposited 48.44 billion rupees into an escrow account, and requested lifting its trading restrictions

** It was not immediately clear when Jane Street might resume trading

** On July 3, regulator, SEBI, barred Jane Street from the domestic market for manipulating stock indices via derivatives

** Derivatives account for more than half of BSE's revenue, 77% of Angel One's broking revenue; Nuvama is Jane Street's India trading partner

** YTD, BSE, NUVA up 39%, ~8%, ANGO and CENA down ~8% and 2%

(Reporting by Manvi Pant in Bengaluru)

((Manvi.Pant@thomsonreuters.com; +918447554364;))

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