Also a cool read, the 105 page document outlining how the index manipulation went down: https://www.sebi.gov.in/enforcement/orders/jul-2025/interim-order-in-the

Also a cool read, the 105 page document outlining how the index manipulation went down: https://www.sebi.gov.in/enforcement/orders/jul-2025/interim-order-in-the-matter-of-index-manipulation-by-jane-street-group_95040.html https://www.sebi.gov.in/enforcement/orders/jul-2025/interim-... A quick read through seems that the strategies used were fairly rudimentary: a combination of leverage (via options) and going big -- enough to create imbalances that couldn't be offset by other market participants. They did this intraday - presumably closer to the open when price discovery was most important - but also on market close to tilt on-close imbalances.