New Delhi, July 24 -- IEX share price tumbled as much as 10% in the early morning session on Thursday, July 24, after the country's power regulator, Central Electricity Regulatory Commission (CERC), announced that it would roll out market coupling in a phased manner for electricity trading from January.

Market coupling is an economic model used in energy markets to create a single, uniform price for electricity across different trading platforms or exchanges. The regulator's move is aimed at improving price discovery and system efficiency.

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