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After reaching a 52-week high of 244.40 on September 24, shares of the Indian Energy Exchange (IEX) have since fallen 15%, nearing a key support level at 200. This decline follows reports of potential market coupling for power exchanges, expected to be implemented by the end of the current fiscal year or the start of FY26, which may impact IEX's market dominance.
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News and Media
Shivangi Sarda from Motilal Oswal Financial Services discusses the stock market's recent performance, highlighting Maruti and Trent as top picks. She also analyzes the metal sector's gains due to China's stimulus and provides insights into the IT, pharma, and banking sectors. Key support and target levels for various stocks are mentioned.
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News and Media
Diffusion Engineers IPO GMP: Diffusion Engineers' IPO was subscribed 2 times shortly after opening, driven by retail investors.The price band is set at Rs 159-168 per share, with a strong GMP of Rs 78.
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News and Media
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