Author name: Archana Chettiar

I’m Archana R. Chettiar, an experienced content creator with
an affinity for writing on personal finance and other financial content. I
love to write on equity investing, retirement, managing money, and more.

IEX Falls 12% After Reaching 52-Week Peak in One Day – What Drove the Sharp Decline?
Investing

IEX Falls 12% After Reaching 52-Week Peak in One Day – What Drove the Sharp Decline?

Indian Energy Exchange (IEX), a powerhouse in the trading of electricity and renewable energy, took a major hit on Tuesday. The IEX share price dropped 11.56% to an intraday low of Rs 211.60. This sharp drop followed a recent 52-week high of Rs 244.35, sending shockwaves through the market. What could have caused such a dramatic reversal of fortune, especially in a seemingly thriving company? Let’s explore the underlying factors that led to IEX’s significant drop.

stocks to buy today 25 sept
News

20 stocks to add to your watchlist today: 25th September 2024

The market on Tuesday was a mix of ups and downs. After a quiet start, Indian equity indices couldn’t maintain their record highs and ended flat, breaking a three-day rallying streak. During the session, the Sensex and Nifty briefly crossed 85,000 and 26,000, respectively. By the end of trading, the Nifty settled at 25,939.05, while the Sensex closed at 84,928.61. Despite the volatility, some stocks stood out as top performers today.