Indian Energy Exchange shares are under scrutiny as a key regulatory verdict on market coupling is awaited. This reform could significantly alter India’s power trading. Market participants believe uncertainty has already impacted IEX’s valuation. A favourable outcome could trigger a sharp rerating for the stock. The decision is expected to bring heightened volatility for investors.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj