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IEX shares decline after regulatory hearing on market coupling deferred
IEX shares fell as regulatory uncertainty persisted after a key hearing on market coupling was deferred.
Shares of Indian Energy Exchange declined after the Appellate Tribunal for Electricity deferred the hearing on market coupling, extending regulatory uncertainty. Investors remain cautious about potential changes to power market structure and pricing mechanisms. Clarity on policy direction will be essential for near-term stock performance, given IEX’s dominant position in electricity trading volumes.