IEX shares tumble 15% from 52-week high hit 2 days ago. What lies ahead?

IEX shares tumble 15% from 52-week high hit 2 days ago. What lies ahead?

After a strong rally following its breakout above Rs 200, shares of the Indian Energy Exchange (IEX) hit a 52-week high of Rs 244.40 on September 24. However, the stock has since dropped 15%, approaching its key support level at Rs 200. The fall was witnessed after reports of implementation of market coupling for power … Read more