Indian Markets Rebound Despite ₹4,840 Cr Jane Street Freeze
After two consecutive days of losses, the Indian equity indices closed higher on July 4, 2025, with the Sensex gaining 193 points to 83,432 and the Nifty ending at 25,461. The rally was led by financial and IT stocks, which broke a two-day losing streak. However, investor caution lingered amid uncertainty over the US-India trade deal and SEBI’s ₹4,840 crore freeze on Jane Street’s alleged unlawful gains.
The Sensex, which had fallen 434 points in the previous two trading sessions, recovered some lost ground on July 4. The Nifty50, the broader market index, also closed higher, gaining 64 points to 25,461. The Nifty Bank index, which tracks the performance of banking stocks, rose 143 points to 28,471, while the Nifty IT index gained 143 points to 18,631.
Financial stocks led the rally, with ICICI Bank, HDFC Bank, and Axis Bank being among the top gainers. The banking sector has been under pressure in recent days due to concerns over the impact of higher interest rates on their profitability. However, the sector’s rebound on July 4 suggests that investor sentiment is improving.
IT stocks also performed well, with TCS, Infosys, and Wipro being among the top gainers. The sector has been facing headwinds due to concerns over the Covid-19 pandemic and its impact on global trade. However, the sector’s rebound on July 4 suggests that investors are becoming more optimistic about its prospects.
Despite the rebound in the markets, investor caution persisted. The uncertainty over the US-India trade deal and SEBI’s freeze on Jane Street’s accounts weighed on investor sentiment. The US-India trade deal is expected to be signed in the coming weeks, but the exact terms of the deal are still unclear. This uncertainty has led to concerns over the impact of the deal on Indian exports and the economy.
SEBI’s freeze on Jane Street’s accounts has also raised concerns over the state of the Indian financial markets. Jane Street, a US-based trading firm, has been accused of making unlawful gains in the Indian markets. The freeze on its accounts is a significant development, and investors are keenly watching the situation to see how it unfolds.
The freeze on Jane Street’s accounts is not the only recent development that has raised concerns over the state of the Indian financial markets. In recent weeks, there have been several instances of market manipulation and insider trading. These incidents have led to concerns over the integrity of the Indian financial markets and the need for greater regulation and oversight.
In conclusion, the Indian equity indices closed higher on July 4, 2025, with the Sensex gaining 193 points to 83,432 and the Nifty ending at 25,461. Financial and IT stocks led the rally, breaking a two-day losing streak. However, investor caution lingered amid uncertainty over the US-India trade deal and SEBI’s ₹4,840 crore freeze on Jane Street’s alleged unlawful gains. The situation is being closely watched, and investors are keenly waiting for further developments.
News Source:
https://ticker.finology.in/market
