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#india-markets

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BlackRock, GIC among investors chasing Indian telecom major Jio's IPO as anchor bids top $26 billion

Jio Platforms has attracted overwhelming investor interest, with anchor bids for its upcoming initial public offering surpassing $26 billion. High-profile institutions like BlackRock and GIC are competing for allocations in India's largest ever IPO by rupee terms.

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U-turn from regulator may be new lifeline to Indian derivatives

Indian regulators are reportedly considering a U-turn on equity-derivatives rules to restore stability and bring order back to the market. The proposed changes aim to fix disruptions caused by the volatile closure auction process introduced in August.

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