After reaching a 52-week high of ₹244.40 on September 24, shares of the Indian Energy Exchange (IEX) have since fallen 15%, nearing a key support level at ₹200. This decline follows reports of potential market coupling for power exchanges, expected to be implemented by the end of the current fiscal year or the start of FY26, which may impact IEX’s market dominance.
Brent slides over 3%, hits lowest level since 2021
Oil prices plummeted to their lowest levels since 2021 due to new U.S. tariffs announced by President Trump and increased output by OPEC+. Brent and