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The Economic Times

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Bernstein warns of regulatory storm for IEX as market-coupling case plays out

Bernstein warns that Indian Energy Exchange faces a regulatory storm despite recent legal relief in the market-coupling case. The brokerage maintains an underperform rating, arguing that policy risks around coupling, transaction charges, and returns overshadow operating gains, even as IEX shares rally on favourable signals from the appellate tribunal.

7 Jan 2026 5:37 pm