Indian Energy Exchange shares surged after APTEL raised concerns over CERC’s proposed market coupling rules, hinting at a possible rollback. The rally was supported by strong Q3 FY26 volume growth and softer power prices.
Wall Street’s major indexes fell on Friday as weak US jobs data and a sharp rise in oil prices heightened concerns about the economic outlook.
Morgan Stanley has lowered India’s rating to ‘equal weight’. This move is due to geopolitical uncertainties and oil supply concerns. The firm remains positive on
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