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IEX
Shares of Indian Energy Exchange (IEX) extended gains on the NSE yesterday, rising as much as 4 % and marking their highest levels in months, as investors reacted to developments in the ongoing market-coupling case. The Appellate Tribunal for Electricity (APTEL) raised procedural concerns about the Central Electricity Regulatory Commission’s coupling rules, which had previously weighed on IEX’s dominance. This regulatory scrutiny and the possibility of delayed implementation lifted sentiment, encouraging strong volumes and buying interest in the stock, even amid broader market volatility and geopolitical headwinds.
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