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IEX stock drops sharply following gas futures clarification
IEX shares declined after regulatory clarification on gas futures and market coupling deferment raised concerns over volumes and long-term revenue visibility.
Indian Energy Exchange shares fell sharply after clarification related to IGX gas futures and deferment of market coupling norms. The stock reaction reflected investor concerns over regulatory uncertainty and potential impact on trading volumes. While the deferment provides temporary relief, longer term clarity on market coupling remains crucial.