Sunday, September 27
Angel One shares fell 7% to Rs 2,740 on the BSE in Friday’s trade following the release of its June 2025 and Q1 FY26 business update. The company reported strong growth in client base and mutual fund SIPs, though weakness in trading volumes and F&O turnover weighed on sentiment.As of June 2025, the client base grew to 32.47 million, up 31.3% year-on-year and 1.6% month-on-month. Gross client acquisition for the month stood at 0.55 million, rising 9.3% sequentially but down 41.5% from a year ago. On a quarterly basis, Angel One added 1.55 million clients, reflecting steady expansion despite a slight dip from Q4 FY25.The average client funding book surged to Rs 4,708 crore in June, up 17.5% MoM and 55% YoY. For Q1 FY26, it stood at Rs 4,206 crore, a 60.2% YoY increase.However, trading
Shares of BSE slipped over 6% to Rs 2,647.30 in Friday’s trade amid market jitters following SEBI’s action against US-based trading firm Jane Street, which has been barred from Indian markets for alleged manipulation in equity derivatives.In a 105-page interim order, SEBI accused Jane Street and its affiliates of using high-frequency trading strategies to distort benchmark indices like Nifty 50 and Bank Nifty. The regulator alleged that these tactics misled retail traders while allowing the firm to generate massive profits in India’s booming options market.SEBI also ordered the impounding of Rs 4,840 crore, calling it “unlawful gains” from the alleged misconduct.One strategy highlighted by SEBI was "Intra-day Index Manipulation." On January 17, 2024, Jane Street allegedly bought
