Indian Energy Exchange shares saw a surge as the Electricity Appellate Tribunal prepares to hear arguments on market coupling. This crucial case could reshape electricity price discovery, impacting IEX’s dominant market share. Investor optimism grew following the regulator’s willingness to reconsider its earlier order, with today’s hearing expected to provide further clarity.
US stocks today: Dow Jones drops over 500 points as Middle East tensions escalate
Wall Street closed lower as Middle East tensions and rising oil prices triggered inflation concerns and profit booking. Financials and tech stocks led declines, though