Anil Ambani Group Stocks Fall Sharply After SEBI Ban

Shares of Anil Ambani’s companies, including Reliance Power and Reliance Home Finance, dropped significantly today after SEBI banned Ambani and 24 others from the securities market for five years due to fund diversion issues. Reliance Infrastructure shares also took a hit. The SEBI order includes heavy fines and prevents Ambani from holding key positions, leaving investors concerned about the future of these stocks.