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Sebi has proposed changes to non-benchmark indices like Bankex, Banknifty, and Finnifty, expanding individual stock weights. The regulator capped the top constituent's weight at 20% and the top three at 45%, with at least 14 constituents. These adjustments aim to enhance transparency and reduce single-stock risk in index derivatives.
				
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UK Steel said while the increased support was welcomed, the government could have gone further.
						
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Lenskart Solutions has successfully raised 3,268.3 crore from 147 anchor investors ahead of its IPO. The eyewear retailer allotted equity shares at 402 each to a mix of prominent domestic and global funds, including mutual funds, insurers, and foreign institutional investors. The company's IPO is set to open on October 31.
						
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