Between 2019 and 2024, derivatives trading volumes in India skyrocketed nearly 40×, making it the world’s largest derivatives market by volume. Ahuja pointed out that the real game-changer was the rise of the retail trader.

India's markets regulator has widened an investigation into alleged market manipulation by U.S. securities trading firm Jane Street to include other indexes and exchanges, a source familiar with the matter said.

Speaking with reporters over the interim order against the New York-based hedge fund manager, Tuhin Kanta Pandey said surveillance has been increased both by the regulator and also at the exchange level.