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NUVAMA — Nuvama Wealth Management News Story

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FinancialsAdventurousMid CapMomentum Trap

India's BSE, Angel One, Nuvama, CDSL rise after SEBI lets Jane Street resume trading

** Exchange operator BSE BSEL.NS rises 1.5%; Central Depository Services (India) CENA.NS adds 0.6%

** Brokers Nuvama Wealth Management NUVA.NS, Angel One ANGO.NS climb 2.1% and 4.4%, respectively

** India's markets regulator lifts trading restrictions on Jane Street after the U.S. high-frequency trading firm deposited $567 million

** On July 3, SEBI barred Jane Street from domestic market, saying some of its trading strategies were manipulative and led to losses for retail investors

** 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, BSEL gains 42.1%, NUVA adds 10.2%; ANGO, CENA down 7.7% and 1.5%, respectively

 (Reporting by Bharath Rajeswaran in Bengaluru)

 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))

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