BSE, NSE investors foot Rs 1.4 lakh crore bill for Jane Street scandal, F&O mess clean-up

Indian stock exchanges BSE and NSE faced significant market capitalization losses. This decline is due to the Jane Street scandal and regulatory actions. Derivatives turnover plunged, leading to analyst downgrades. BSE shares entered bear territory, while NSE approached a similar decline. SEBI's actions and retail trader losses further intensified the market pressure.