Indian Energy Exchange (IEX) shares continued their decline, falling 3.5% to ₹204.21 in early trade today on the NSE. The stock opened at ₹209.00, hit a high of ₹210.28, and reached a low of ₹203.20, compared to its previous close of ₹211.61. This marks the second consecutive day of losses for IEX, following the government’s announcement regarding the market coupling proposal, which has raised concerns about the company’s future growth prospects.
Adding to the pressure, IEX has now entered the Futures and Options (F&O) ban list due to increased volumes and volatility, restricting further derivative trading on the stock.
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