Shares of Indian Energy Exchange (IEX) rose 5% on Wednesday amid growing discussions around market coupling reforms in the power sector. As per a CNBC-TV18 report, government sources stated that market coupling alone is not considered a significant reform for the sector.

As per the same report, the Grid Controller of India has submitted its report to the Central Electricity Regulatory Commission (CERC), which is currently under review. While discussions on market coupling continue, focus may shift to broader initiatives—such as expanding the energy derivatives market over time.

Shares of Indian Energy Exchange (IEX) opened at ₹201.00 and, at the time of writing, touched an intraday high of ₹211.60, while the low stood at ₹199.05. The stock continues to show strong movement within its 52-week range of ₹151.00 to ₹244.40.

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TOPICS: IEX