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flag SEBI bans US firm Jane Street from India's market over alleged Nifty 50 index manipulation.

flag India's market regulator, SEBI, has banned US trading firm Jane Street from accessing India's securities market due to allegations of market manipulation involving the Nifty 50 index. flag SEBI has frozen about $566 million, claiming it as unlawful gains, and directed banks to prevent any withdrawals without approval. flag Jane Street disputes these findings, maintaining it will discuss the matter further with SEBI.

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