IEX Slides as Regulatory Uncertainty Spooks Sentiment
As on 9 Jan 2026, Indian Energy Exchange (
IEX
) witnessed sharp selling pressure, ending the session around ₹138.36, down nearly 8% on heavy volumes. The stock had touched an intraday high of ₹160.27, implying a steep decline of about 14% from the day’s peak. The primary trigger was renewed regulatory uncertainty after APTEL deferred the hearing on market coupling, offering no immediate clarity on the issue. The absence of a near-term resolution weighed on investor confidence, prompting profit booking and risk reduction. Trading activity remained elevated through the session, reflecting heightened nervousness and rapid position adjustments as participants digested the regulatory development, sentiment stayed fragile across the power trading space.
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