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There has been a serious allegation made by the National Stock Exchange of India (NSE) on a well-known global trading firm, Jane Street. According to a detailed report published by Moneycontrol, NSE’s surveillance system flagged some of Jane Street’s Futures and Options (F&O) trades on the exchange platform. The concern raised by NSE revolves around a specific trading pattern – one where Jane Street first opens a position in a particular direction and then quickly reverses it. What’s even more intriguing is that both trades – the entry and exit – were done with the same counterparty.

This kind of trade pattern raised suspicion within NSE, which led them to reach out to Jane Street’s custodian bank to get clarification. The custodian responded by stating that these trades were entirely algorithm-driven, meaning they were not executed by humans but by machines. These algorithms, according to the response, are powered by Artificial Intelligence and can operate in microseconds. They claimed that there was no malicious intent behind these trades.

While the investigation is still ongoing and no final conclusion has been reached yet, the incident has sparked fresh discussion within the trading community about algo-trading and strategies like Orderblock, which are part of the Smart Money Concept (SMC), also known as ICT-SMC developed by Michael J. Huddleston.

What is an Orderblock in Trading?

In trading, especially in the world of Smart Money Concepts, the term “Orderblock” plays a significant role. An orderblock refers to the last candle in the opposite direction before a big move.

• If the market is going to move up, the last bearish (down) candle before the upward move is called a Bullish Orderblock.
• If the market is going to move down, the last bullish (up) candle before the drop is called a Bearish Orderblock.

This idea is based on the belief that the market often creates a fake move in the opposite direction to grab liquidity before making the real move. This is also known in simple terms as stop hunting. The goal is to remove weak traders from the market by hitting their stop-loss orders.

Also Read – Forget Stocks – Warren Buffett’s Life-Changing Advice from the 2025 Berkshire Hathaway Investors Meeting Will Open Your Eyes

In the Jane Street case, the pattern observed — opening a position and then reversing it with the same counterparty — could resemble a fake move or liquidity grab like what we see in the orderblock theory.

Algo and Derivatives Trading Boom in India

In recent years, algo and derivatives trading has seen a massive surge in India. At the same time, retail participation has also exploded. More and more young traders and investors are entering the market, especially in the F&O segment.

To tackle the rising risks and to protect retail investors, SEBI introduced a series of new rules. These included increasing the lot size of F&O contracts, raising margin requirements, and other steps designed to reduce speculation and bring down overall trading volume.

These new rules have indeed shown some impact. The F&O volume has seen a notable drop, and retail participation has cooled off to some extent. But incidents like the Jane Street probe show that algorithmic trading is still very much active and can play a large role in market movements.

Financial Growth of Jane Street – What Is a Prop Trading Firm?

Jane Street Capital, a prominent proprietary trading firm, has experienced remarkable financial growth in recent years. In 2024, the firm reported a net trading revenue of $20.5 billion, nearly doubling its previous year’s earnings of $10.6 billion. This substantial increase underscores Jane Street’s significant role in global financial markets.

Proprietary trading firms like Jane Street operate by trading financial instruments using their own capital, rather than on behalf of clients. This approach allows them to retain all profits from their trading activities. Jane Street’s success is attributed to its expertise in high-frequency trading, market-making, and the use of sophisticated algorithms and artificial intelligence to execute trades across various asset classes and global markets.

The firm’s impressive financial performance reflects its strategic expansion and technological advancements, solidifying its position as a leader in the proprietary trading industry.

The Debate on Fairness and Transparency

This probe also brings back the age-old debate – is algo trading fair? Can machines really play a level field with retail traders? Machines can make decisions in microseconds. They don’t feel fear, greed, or panic. They just follow code and logic.

While there’s nothing illegal about using algos, the worry is about whether these systems are being used in a way that manipulates market conditions or takes unfair advantage of retail participants. That’s what NSE is trying to find out in this case.

The custodian has said that Jane Street’s trades had no bad intent and were fully machine-driven. But regulators want to ensure that there’s no pattern of manipulation or misuse of market structure.

Why Retail Traders Should Be Aware

Retail traders must understand that the market is not just a game of charts and indicators. There are big players, high-frequency traders, and algos operating behind the scenes. Strategies like Smart Money Concepts or Orderblocks are attempts to understand what these big players might be doing.

Understanding concepts like orderblocks can help retail traders avoid traps and fake breakouts. These theories suggest that markets are often moved by institutions to trigger retail stop-losses before the real move happens.

So when you see a sudden fake move in the market and then a quick reversal, think about whether that was just a stop hunt. These concepts aren’t perfect, but they give you a different way to see the market.

Conclusion

The probe into Jane Street’s F&O trades by NSE is still underway. Until the investigation is complete, we cannot say for sure whether any rules were broken. But this situation has shed light on how sophisticated modern-day trading has become. With machines, AI, and algorithms entering the market, trading is evolving faster than ever.

Retail traders must keep learning and stay aware. Understanding advanced concepts like orderblocks and being aware of how big players operate can offer an edge in this fast-paced environment.

Disclaimer- This article is for informational and educational purposes only. It is not intended as an inducement to trade or invest. All views expressed here are general in nature and should not be considered as financial advice. Always consult a certified financial advisor before making any investment or trading decisions.

The world watched nervously as India and Pakistan almost went to war. It all began on April 22, 2025, when a deadly terrorist attack in Pahalgam, Kashmir, killed 26 people. This terrible event set off a chain reaction. India responded with Operation Sindoor, striking militant targets. That, in turn, raised fears of a full-scale conflict. Investors in both countries panicked, worried their money might vanish overnight.

Then, in an unexpected twist, former U.S. President Donald Trump brokered a ceasefire. On May 10, 2025, he announced that both nations agreed to stop fighting. For markets on edge, this can be a huge sigh of relief. In this article, we’ll look at how stock markets in India and Pakistan reacted, and we’ll place this event in a wider, historical context.

Indian Stock Market: Holding Steady

Surprisingly, India’s stock market did not crash when tensions grew. The BSE Sensex and NSE Nifty-50, India’s main stock indexes, stayed strong. After the Pahalgam attack on April 22, 2025, many thought investors would rush to sell. Instead, the Nifty-50 even opened higher the very next day.

Again, on May 7, 2025, after Operation Sindoor, the market closed up by 35 points. This modest gain showed that investors believed India could handle regional conflicts. Experts point to India’s solid economy, steady growth in GDP, and a wide mix of companies as reasons for this calm. Over the years, India has faced border skirmishes without full-blown war. Many investors remembered those times and stayed calm. When Trump announced the ceasefire on May 10, this confidence grew even stronger. The market avoided a sharp drop and continued to move up.

Pakistani Stock Market: A Steep Fall

In Pakistan, the picture was very different. The Pakistan Stock Exchange (PSX) suffered a heavy crash as tensions rose. On May 8, 2025, the KSE-100 index fell by 6.3% in one day. This drop triggered an automatic trading halt after the index lost 7%. It was the worst one-day crash since the crisis began. Actually, the trouble started right after April 22. Over the following weeks, the KSE-100 lost about 4% of its value.

On April 30 alone, it fell 3.09%. There was a small bounce back of 2.5% on May 2, but it did not last. Investors worried about Pakistan’s weak economy. High inflation and low foreign currency reserves made people sell.

Trump’s Mediation: A Game Changer

Enter Donald Trump. In an unexpected move on May 10, 2025, he used his platform on X (formerly Twitter) to declare that India and Pakistan agreed to a “full and immediate ceasefire.” He praised both sides for using “common sense and great intelligence.”

This announcement is like a switch being flipped. Markets that had been moving wildly due to fear may now calm down. Investors might see a clear end to the risk of a full-scale war. This sense of certainty can help traders shift from panic to cautious optimism.

Also Read – Tata Motors Dividend 2025 Announced? – Record Date, Ex-Dividend Date & More

How Wars Affect Markets?

History shows that wars often cause short-term market panic, but markets tend to recover when peace returns.

For example, when World War II began in 1939, the Dow Jones Industrial Average dropped by 30% in a year.

Yet by 1945, it had climbed 50% higher than its pre-war level. War production and the promise of peace fueled that rebound.

Similarly, during the Gulf War in 1990, the S&P 500 fell 15% over six months. Once the conflict ended, the index bounced back quickly.

The pattern is clear: uncertainty causes an initial drop, but stability brings recovery. In the India-Pakistan case, Pakistan’s crash matched those early war shocks. India’s market, however, showed stronger resilience. The quick ceasefire helped India stabilize even faster.

Global Ripple Effects

The crisis in South Asia did not stay in South Asia. Global markets felt the impact too. Some sectors actually benefited. Chinese defense stocks, for instance, went up as Pakistan used Chinese-made weapons. Investors who held those stocks saw gains. But many portfolios with exposure to emerging markets in Asia faced new risks.

A conflict in one region can shake markets on the other side of the planet.

Conclusion

In conclusion, this ceasefire may boost confidence in markets around the world. India’s stock market may become more secure, and investors may have the chance to plan with greater certainty. Even in the toughest times, hope can lead to new opportunities. Ultimately, peace may prove to be the strongest foundation for stable economies.

Disclaimer:
This article has been written with utmost care for informational purposes only. However, if there is any mistake or inaccuracy, please excuse us. The content is not intended to hurt anyone’s sentiments. If you have any concerns or feedback, feel free to share them in the comments.
Please note, this is not financial advice. Always consult your financial advisor before making any investment decisions.

A custodian bank is like a safe-keeper for a foreign fund’s money and assets. Here is how it works in simple steps:

1. Holding the assets
   • The foreign fund buys stocks, bonds, or other investments in India.
   • The custodian bank keeps those investments in its name on behalf of the fund.
2. Keeping records
   • It keeps track of exactly how many shares or bonds the fund owns.
   • It records every time the fund buys or sells something.
3. Settlement of trades
   • When the fund makes a trade, the custodian makes sure money and assets move correctly.
   • It sends the payment to the seller and makes sure the shares arrive.
4. Collecting income
   • If a company pays a dividend or a bond pays interest, the custodian bank collects that money.
   • Then it passes the money on to the foreign fund.
5. Reporting and compliance
   • The custodian gives regular statements to the fund showing what it holds and how much it is worth.
   • It also helps meet local rules and tax requirements so the fund stays legal.

Order blocks are zones on price charts where big institutions place large buy or sell orders. These zones shape future price moves.

The recent investigation into Jane Street’s rapid derivatives trades shows how fast algorithms can mimic these order blocks. In this article we explain what order blocks are in simple words and how Jane Street’s microsecond trades mirror them.

Order blocks are key price zones where large players seek liquidity. Unlike the classic “last down-close candle before a rise,” true institutional order blocks often begin by inducing retail selling—creating a false bearish move to capture buy stop-losses above the high of that selling candle—then flipping into longs. Jane Street’s microsecond-level trades mirror this tactic: they engineer brief sell-off scenarios to trigger stops, then reverse into buy orders and profit from the ensuing rally.

What Are Order Blocks?

Order blocks originate in Smart Money Concepts, which studies how institutions manipulate price to gain better fills and control market flow. In these concepts, an order block is a zone where smart money has clustered large buy or sell orders, leaving behind a liquidity imbalance that attracts future price tests.

• Liquidity Pools
  Smart money hunts clusters of retail stop-loss and pending orders at obvious support or resistance levels.
• Imbalance Creation
  When big orders execute, they leave more bids or offers on one side, setting up an imbalance that price will revisit.
• Future Price Magnets
  Price often returns to these zones to fill remaining orders or induce further reactions.

Also Read – The Inner Circle Trader: Michael J. Huddleston’s Life & Methods

The Retail Candlestick View (Classic Order Block)

Retail traders identify order blocks on candlestick charts using a simple pattern:

1. Down-Close Candle
   A single bearish candle that closes lower, marking where selling peaked.
2. Strong Reversal
   The next candles reverse sharply upward.
3. Block Zone
   The high or low of that first candle becomes a key support or resistance level.
4. Trading the Bounce
   When price revisits that zone, traders expect a bounce, believing institutions will defend it.

This works in slower markets but misses how institutions really exploit retail stops.

Stop-Loss Hunting: The Institutional Trap

Rather than waiting for a natural reversal, institutions often hunt stop-losses by creating brief false moves. This process has three steps:

1. Induce Retail Selling
   Institutions push price down to a known support area. Retail traders sell, placing their stop-loss orders just above the high of the bearish candle.
2. Trigger Buy Stops
   After traders commit to shorts, institutions reverse and drive price up to hit those buy stop-loss orders clustered there. This creates sudden liquidity.
3. Flip into Long Positions
   With buy stops triggered, institutions accumulate long positions at a better average price and let the market continue upward.

This is the true “order block” behavior: create a fake bearish zone, trap shorts, then go long.

Corrected Algo Order Block: Step-by-Step

This cycle can occur in milliseconds when driven by high-frequency algorithms.

Jane Street’s Microsecond Manipulation

In early 2025 the National Stock Exchange began probing certain F&O trades by Jane Street Singapore Pte. Its surveillance system flagged a series of rapid trades where positions were opened and then reversed with the same counterparties within seconds. These reversals occurred at prices markedly above or below the prior trade price.

The NSE issued a notice in January to the custodian bank overseeing Jane Street’s trades. In their reply both the custodian and Jane Street explained these were fully automated algorithmic trades with no human intervention and asserted there was no malicious intent.

Read the News Here

Sources indicate that fast trading firms often rely on multiple AI models. Sometimes different models take opposing views on microsecond price moves, resulting in quick flip trades. Jane Street is not alone—several other foreign portfolio investors have received similar notices and are responding to the exchange.

Meanwhile Jane Street’s India business has grown rapidly. Its funds now carry large exposures in Indian derivative markets. This probe highlights how high‑speed trading algorithms can produce sudden, large order flows that attract regulatory scrutiny.

Why This Matters for Retail Traders

1. Invisible Zones
   Micro-order blocks live and die in milliseconds. Standard charting tools won’t show them.
2. Unseen Manipulation
   Traders assume the “last down-close candle” is genuine institutional activity. In fact, it may be a crafted trap.

Also Read – Forget Stocks – Warren Buffett’s Life-Changing Advice from the 2025 Berkshire Hathaway Investors Meeting Will Open Your Eyes

Conclusion

True institutional order blocks are not just zones of past bulk orders. They often begin with a false bearish move designed to trigger buy stop-losses above a selling candle’s high. The resulting liquidity lets smart money flip into long positions at optimal prices. Jane Street’s microsecond strategies embody this concept, highlighting how speed and intent shape modern markets.

Disclaimer: This article is provided for informational and educational purposes only and is not intended as an inducement or recommendation to trade. Always conduct your own research and consult a qualified financial advisor before making any investment or trading decisions.

Imagine a bank that not only manages your money but also rewards you for trusting it. A bank that consistently performs well year after year and quietly shares its success with its loyal investors.

Well, one of India’s top PSU banks has done just that. It recently declared its Q4 results for FY2024-25 and announced a dividend that could make shareholders smile.

Let’s first understand why this dividend announcement is so important — and then we’ll reveal the bank and all the details you need to know.

About the Bank

This bank is widely trusted in India, especially in rural and semi-urban areas. With a market capitalisation of around ₹1.15 lakh crore, it has continued to deliver steady growth and take care of its shareholders through consistent dividends.

Now let’s come to the big reveal.

Bank of Baroda Declares ₹8.35 Dividend for FY2024-25

Yes, it’s Bank of Baroda — the public sector giant that has again impressed with solid profits and a rewarding dividend.

Here’s what the bank announced:

Only shareholders who hold shares as on 6th June 2025 will be eligible for this dividend.

Also Read – Tata Motors Dividend 2025 Announced? – Record Date, Ex-Dividend Date & More

Q4 Results Highlights (FY2024-25)

Bank of Baroda’s Q4 performance shows resilience and consistency, even in a competitive banking space:

While NII dipped slightly, overall profit still improved — which shows better operational efficiency and profitability.

Bank of Baroda Dividend History (Past 5 Years)

This clearly shows a steady rise in dividend payouts, especially in the last 3 years.

Will I Have to Pay Tax on the Dividend?

Yes. Here’s how taxation works:

• The dividend will be added to your total income.
• It will be taxed as per your income tax slab.
• If total dividend income exceeds ₹5,000 per year, TDS at 10 percent will be deducted.

Final Thoughts

Bank of Baroda continues to prove itself as a strong and stable PSU stock. It has a combination of consistent growth, improving profits, and generous dividends.

Disclaimer:
This article is purely intended for informational and educational purposes. It does not constitute financial advice or a recommendation to buy, sell, or hold any financial instrument. The author is not a SEBI-registered financial advisor. Readers are strongly advised to consult with a certified financial advisor before making any investment or financial decisions.

The Board of Directors of Kalyani Steels met on 5 May 2025 and recommended a final dividend of ₹ 10.00 per equity share (face value ₹ 5), or 200% of face value, for the financial year 2024-25. Below are all the key details you need to know.

Company Overview

Kalyani Steels is part of the Bharat Forge Group. It produces high-strength alloy and stainless steel. The company serves automotive, oil, gas and engineering sectors globally.

Kalyani Steels Dividend 2025 – Important Dates

Note: Shareholders on record by the Record Date are eligible for the dividend.

Also Read – Tata Motors Dividend 2025 Announced? – Record Date, Ex-Dividend Date & More

Kalyani Steels – Dividend History

Kalyani Steels has maintained regular dividends, reflecting steady profitability.

How to Receive Your Dividend?

You do not need to apply separately. Depositories and the company will handle it.

1. Beneficial Owners: Names on NSDL/CDSL list as of 4 July 2025.
2. Registered Members: Names in Register of Members after transfer processing by 4 July 2025.

After 31 July 2025, Kalyani Steels will credit the dividend to your bank account or dispatch a cheque.

Kalyani Steels Dividend 2025 – Tax Rules Explained

Since April 2020, dividends are taxable in the hands of shareholders. If your total dividend income exceeds ₹ 5,000 in a year, Kalyani Steels will deduct 10% TDS at source. You can submit a lower‑tax deduction certificate if eligible. Make sure to include all your dividend income when filing your annual tax return.

Q4 FY25 Results – Highlights

Kalyani Steels reported a 26.75% rise in net profit. Revenue grew by 8.25%, while expenses increased 4.28%. Other costs jumped sharply by 33.10%.

Key Financial Metrics

Kalyani Steels delivered strong margins and improved profitability in Q4 FY25. Its valuation ratios remain attractive compared to industry peers.

ALSO READ – What is a Dividend? – A Complete Guide in Simple Words

Disclaimer:
This article is purely intended for informational and educational purposes. It does not constitute financial advice or a recommendation to buy, sell, or hold any financial instrument. The author is not a SEBI-registered financial advisor. Readers are strongly advised to consult with a certified financial advisor before making any investment or financial decisions.

Along with its audited financial results for the fourth quarter (Q4 FY25) and the year ended 31 March 2025, Mahindra & Mahindra Ltd. has approved a final dividend of ₹ 25.30 per equity share (face value ₹ 5), or 506% of face value. Below are all the key details you need to know.

Company Overview

Mahindra & Mahindra is a leading Indian automaker and farm-equipment maker. It has a global presence in over 100 countries. It makes SUVs, tractors, and electric vehicles. The company is known for innovation and a strong market share.

Mahindra Dividend 2025 – Important Dates

Note: Shareholders recorded in the books by the Record Date are eligible to receive the dividend.

Also Read – Tata Motors Dividend 2025 Announced? – Record Date, Ex-Dividend Date & More

Mahindra & Mahindra – Dividend History

Mahindra & Mahindra has steadily increased dividends over recent years. It shows the company shares profits with its investors.

How to Receive Your Dividend

You do not need to apply separately. Your depository and the company will handle it automatically.

1. Beneficial Owners: Names on the NSDL/CDSL list as of 4 July 2025.
2. Registered Members: If your shares are held in physical form, then your name must be in the company’s official Register of Members by 4 July 2025. This requires that any transfer requests were fully processed by that date.

After 31 July 2025, Mahindra & Mahindra will credit the dividend to your bank account or dispatch a cheque.

Book Closure Period

The Register of Members and Share Transfer Books will remain closed from 5 July 2025 to 31 July 2025 (both days inclusive).

Any valid transfer requests must reach the Registrar by 4 July 2025 to be processed before book closure.

ALSO READ – What is a Dividend? – A Complete Guide in Simple Words

Q4 FY25 Results – Highlights

Mahindra & Mahindra reported a 13.34% rise in profit after tax. Revenue grew by 20.5%. Expenses also increased. Vehicle sales rose 18% and tractor sales increased 23% compared to Q4 FY24.

Key Financial Metrics

Mahindra & Mahindra has shown consistent growth and strong returns in recent years. When compared to the industry averages, its P/E ratio is lower, which could mean the stock is relatively undervalued. Similarly, its P/B ratio is also below the industry average, indicating potentially better value for long-term investors.

ALSO READ – SBI Declares Dividend for 2025—Check SBI Dividend 2025-Record Date & Payment Details

Why This Matters
A high dividend reflects strong profits and rewards investors. It can also attract new buyers to the stock.

Disclaimer: This article is for informational purposes only. It does not constitute financial advice. Consult a certified financial advisor before making investment decisions.

Tata Motors, a titan in India’s automotive sector and a heavyweight on the stock market, is revving up to redefine the premium hatchback segment with the 2025 Altroz facelift. Slated for its grand debut on May 22, 2025, the updated Altroz promises a bold design refresh, cutting-edge features, and a versatile powertrain lineup. As the first major update since its 2020 debut, this launch is pivotal for Tata to cement its dominance against rivals like Maruti Suzuki Baleno and Hyundai i20. Here’s an exclusive look at what’s under the hood.

Launch Date: Mark Your Calendars

Tata Motors has officially confirmed the Altroz facelift will “break cover” on May 22, with bookings expected to open soon. The teaser campaign has already ignited excitement, showcasing sleek design tweaks and hinting at a tech-loaded cabin.

Exterior Design: Sportier, Smarter, Sleeker

The 2025 Altroz retains its sporty DNA but amps up the premium quotient with striking updates:

• Front Fascia: A redesigned split headlight setup features twin-pod LED clusters and sleek LED DRLs. The bumper now sports vertical slats and repositioned fog lamps.
• Side Profile: New alloy wheels and flush door handles (a segment-first inspired by the Curvv EV) add a futuristic edge.
• Rear: Slimmer, interconnected LED tail lamps replace the bulkier units, enhancing the car’s modern appeal.
• Dual-Tone Options: Tata will continue offering vibrant dual-tone color schemes to attract style-conscious buyers.

Interiors: Premium Cabin Upgrades

While the cabin remains under wraps, insiders hint at significant upgrades:

• Dashboard & Upholstery: Expect refreshed panels, new trim accents, and premium upholstery colors.
• Tech Suite: The previously exclusive 10.25-inch touchscreen infotainment system (from the Race edition) will now be standard across variants. A fully digital driver’s display and a 360-degree camera are also anticipated.
• Comfort: Enhanced connectivity, wireless charging, and a revamped Harman audio system could elevate the in-car experience.

Powertrain: Versatility Reigns Supreme

The Altroz facelift retains its reputation as the only hatchback offering five engine options:

1. 1.2L Turbo Petrol: 85 HP / 113 Nm (5-speed manual or 6-speed DCT automatic).
2. 1.2L Turbo-Petrol (Racer): 118 HP, paired with a 6-speed manual for thrill-seekers.
3. 1.2L CNG: 72.4 HP / 103 Nm (5-speed manual).
4. 1.5L Diesel: 89 HP / 200 Nm (5-speed manual).

This diverse lineup ensures the Altroz caters to efficiency-focused buyers (CNG, diesel) and performance enthusiasts alike.

Features: Tech to Compete

Tata is pulling out all stops to outshine rivals:

• Segment-First Flush Door Handles
• 360-Degree Camera for tight parking spots.
• Wireless Android Auto/Apple CarPlay and connected car tech.
• Ventilated Seats (likely in top variants).

Rivals: Can the Altroz Outpace the Competition?

The facelift sharpens the Altroz’s claws against the Maruti Suzuki Baleno, Hyundai i20, and Toyota Glanza. Its unique diesel and CNG options, coupled with Tata’s focus on safety (5-star Global NCAP rating), give it an edge in practicality and value.

Why This Launch Matters

As Tata Motors’ stock continues to rally, the Altroz facelift underscores its commitment to innovation and customer-centric upgrades. With over 1.5 lakh units sold since 2020, this refresh is crucial to maintaining momentum in a fiercely competitive segment.

Final Thoughts

The 2025 Tata Altroz facelift isn’t just a car launch—it’s a statement. By blending bold design, advanced tech, and unmatched powertrain flexibility, Tata Motors is poised to accelerate ahead of rivals. All eyes are now on May 22, when this automotive gem will finally hit the spotlight.