Market Manipulation ‘Will Not Be Tolerated,’ Warns SEBI Chairman Tuhin Kanta Pandey

New Delhi: Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey has issued a firm warning that market manipulation will not be tolerated, reinforcing the regulator’s commitment to safeguarding the integrity of India’s financial markets.

The statement comes in the wake of regulatory action against US-based hedge fund Jane Street, which has been accused of allegedly manipulating stock indices in the Indian market. While details of the specific transactions remain under wraps, sources indicate that sophisticated trading strategies might have impacted price movements and market sentiment, prompting SEBI’s intervention.

“SEBI remains fully vigilant and committed to maintaining transparency and fairness in India’s capital markets,” Pandey said. “Any entity or individual engaging in activities that distort fair price discovery or undermine investor confidence will face strict action.”

The regulator’s decisive stance sends a clear message to domestic and international market participants about India’s zero-tolerance approach toward unfair trading practices. Experts believe such regulatory vigilance is crucial for protecting investor interests and ensuring that India’s growing capital markets continue to attract global investment.

Market participants have been advised to ensure strict compliance with all regulatory norms and avoid trading strategies that could be construed as manipulative or disruptive to market stability.

SEBI’s ongoing investigation into Jane Street highlights the regulator’s focus on identifying and curbing complex trading practices that might threaten market integrity, particularly in high-frequency and algorithmic trading environments.

Investors and analysts are closely watching further developments as SEBI continues to strengthen its oversight mechanisms to preserve fair and efficient markets.