IEX Shares Crash 10% After CERC Approves Power Market Coupling in Day-Ahead Trading

IEX Shares Crash 10% After CERC Approves Power Market Coupling in Day-Ahead Trading

On July 24, shares of Indian Energy Exchange Ltd. (IEX) hit the lower circuit after a major regulatory decision by the Central Electricity Regulatory Commission (CERC). The announcement confirmed that power market coupling will be introduced in Day-Ahead Markets (DAM) by January 2026, sending shockwaves across the energy trading sector. What Is Market Coupling in…

Reliance Industries Breaks All Records in Q1 – 10 Must-Know Highlights from the Report

Reliance Industries Breaks All Records in Q1 – 10 Must-Know Highlights from the Report

Reliance’s Q1FY26 results reflect continued momentum, with Mukesh Ambani confident in doubling growth every 4–5 years. Billionaire Mukesh Ambani’s Reliance Industries has kicked off fiscal year 2026 on a powerful note, delivering an impressive all-around operational and financial performance for the April–June quarter. The conglomerate reported its highest-ever consolidated quarterly EBITDA and net profit, driven…

Stock Market close highlights: Sensex flat, Nifty at 25,212; PSBs outperform; India VIX down 2%

Stock Market close highlights: Sensex flat, Nifty at 25,212; PSBs outperform; India VIX down 2%

Stock Market LIVE Updates: Technical Outlook on Nifty The Nifty index continues to encounter resistance near the 25,260 mark, which aligns with the 38.2% Fibonacci retracement level of the recent correction from 25,669. This signals ongoing indecision among investors at higher levels. On the daily chart, the index remains firmly above the 50-day moving average…