Jane Street Group is contesting market manipulation allegations in India, claiming its controversial options trades responded to high retail investor demand. The firm argues it facilitated options bets, hedging less to minimize market impact. While SEBI scrutinizes Jane Street s activity, the case tests India s regulatory framework amid growing global trading complexities.

The Indian rupee depreciated by 15 paise on Monday, closing at 86.66 against the US dollar due to persistent dollar demand from importers fulfilling month-end obligations. The rupee s decline was further influenced by lackluster performance in local equity markets. Uncertainty surrounding India s anticipated trade agreement with the US also weighed on the currency.

Indian headline indices declined for the third consecutive session due to selling pressure in IT, banks, and realty stocks. Technical analysts recommend buying Allied Blenders, Navin Fluorine, Dr. Reddy s, and Syngene, citing bullish formations and positive momentum. Conversely, ONGC futures are recommended for selling due to a breakdown in trend and bearish signals.

Arvind Fashions Ltd faced a setback in Q1, with standalone net losses widening to Rs 22.9 crore due to a 13.5% revenue decline. However, consolidated net profit surged to Rs 13 crore, driven by a 16% revenue increase to Rs 1,107 crore. The company s online channel experienced robust growth, contributing 15% to the total revenue.

Singapore Airlines Group experienced a significant profit decline of nearly 59% in the June quarter, falling to 186 million Singapore dollars. This downturn is attributed to losses from Air India and other associated companies, coupled with reduced interest income. While total revenue saw a slight increase, the airline faces a volatile operating environment with various global challenges.

Mazagon Dock Shipbuilders announces its June quarter results. The company s consolidated net profit decreases by 35% YoY, reaching Rs 452 crore. Revenue from operations increases by 11% to Rs 2,625.6 crore. EBITDA stands at Rs 793.5 crore with a margin of 30.2%. Expenditure moderates due to lower raw material costs. The company pays Rs 293 crore in current tax.

Jane Street, facing allegations of market manipulation, has requested more time from SEBI to respond to the interim order issued on July 3. The firm affirms its commitment to the integrity of Indian capital markets and is engaging constructively with the regulator. While seeking an extension, Jane Street received conditional relief from SEBI, allowing it to continue trading activities.

IDFC First Bank share price will be in focus after Q1 FY26 net profit declined 32% YoY to Rs 463 crore. While PAT rose sequentially and deposits surged, NIM fell amid asset mix changes. Motilal Oswal maintained a ‘Neutral’ rating with a Rs 80 target.

Lodha Developers shares: The company reported its highest-ever Q1 pre-sales, reaching Rs 4,450 crore in the June quarter, marking a 10% year-on-year growth. This strong performance was also supported by an increase in PAT margin, which rose to 18.6% from 16.3% in the corresponding period last year.