IEX

On July 24, 2025, IEX shares plunged 28%, hitting a fresh 52‑week low of ₹135.26 on BSE, following a regulatory decision by CERC to implement power market coupling, triggering intense investor concern about IEX’s dominance and future earnings potential Technical indicators flagged oversold conditions, with RSI around 17–18, suggesting sellers have pushed prices to heavily distressed levels Analysts advise caution: existing investors are watching ₹120–₹140 as possible support zones, while resistance could emerge at ₹170–₹180 if recovery sets in Fresh investors are advised to wait until price stabilizes and clearer momentum emerges.