Reliance Power, Reliance Infra shares fall after reports of fresh ED action against Anil Ambani’s Reliance Group

The fresh ED action against Reliance Group, with assets worth ₹1,400 crore attached, due to alleged fund diversion and money laundering, poses a significant risk for investors in Reliance Power and Reliance Infra. This development could lead to further negative sentiment, impacting share prices and potentially signaling financial instability within the group.