How US trading firm Jane Street manipulated Indian markets to earn hundreds of crores in a single day

The Securities and Exchange Board of India (Sebi) has accused the quantitative trading firm Jane Street and its entities of manipulating the Indian securities market. Sebi has ordered the confiscation of 'illegal gains' to the tune of Rs 4,843 crore. But what happened? How did Jane Street make a profit of hundreds of crores in a single day?

Explainers