Indian Energy Exchange (IEX) shares jumped 6.5% to Rs 215.4 on strong NSE trading volumes, with 2.3 lakh shares worth Rs 485.2 crore changing hands. The stock has gained nearly 18% YTD and 74% in two years. Strong institutional and FII holdings reflect continued investor confidence in the company’s long-term potential and consistent performance.
RBI action on Paytm Payments Bank incrementally negative for One 97, says Bernstein; retains ‘Outperform’, sees 30% upside
The RBI has cancelled Paytm Payments Bank’s license due to regulatory non-compliance, citing detrimental operations and prejudiced management. While Bernstein views this as incrementally negative