IEX shares outlook: JM Financial cautious on market coupling, target price Rs 160
Indian Energy Exchange (IEX) has been in the news in early January 2026 as its share price moved sharply in the market. On January 7, 2026, JM Financial updated its view on IEX shares. The firm said a big change called market coupling is still uncertain and could take longer than expected to happen. Market coupling is a rule that could change how electricity prices are set across all power exchanges in India. This rule was first meant to start in January 2026, but experts now think it may only take shape by December 2027.
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