Most Expensive Weeding Cost of Anant Ambani, Reliance IPOs, Recharges, Stock Market Crash : Ambani Family

Currently, the wedding party is going on between Anant Ambani and Radhika Merchant, due to the arrival of guests and celebrities from all over the world, Anant Ambani’s wedding is being organized as the most expensive wedding in the world. Due to this, now Indian Stock Market Traders are feeling very bad that in the future, top companies of Reliance and Mukesh Ambani may have to face a stock market crash. Because as of now, most of the media is saying that the total expense of Anant Ambani’s wedding may be around $600M but there are still stocks or weeding experts from many countries, and wedding experts believe that Anant Ambani’s wedding will be the most expensive. In the current situation, Reliance and Jio have almost increased the prices of things of daily use like Petrol, Internet or Data packages, and Reliance Power.

Why did Mukesh Ambani Sell Stocks of Reliance, What is the wedding cost of Ambani?

Let us assume that Reliance has improved or increased costs a lot of things but in the future, there could be a huge difference in GST, Taxes, and the total amount of Anant Ambani’s wedding budget. Foreign investors and Indian stock market investors want all the expenses of the Reliance and Ambani family should be as low as possible. Because it is believed that Anant Ambani’s wedding will be the most expensive wedding party in the world and hence Mukesh Ambani can be asked to sell some of the Reliance stocks. Recently, Amazon CEO Jeff Bezos also had to sell approximately $900 million worth of Amazon stocks due to the domestic gate. Because Anant Ambani’s wedding cost up to $700M USD, no one cares but if the cost of this wedding goes up to $2B USD then Ambani can sell a lot of shares. However, Mukesh Ambani has managed to recover the expenses incurred on Anant Ambani’s wedding. In the future, the cost of Anant Ambani’s wedding may surge by almost 2X. Apart from this, Reliance and Mukesh Ambani are also very active regarding the upcoming IPOs of Reliance, due to which inflow of $200M+ can come into Reliance Industries.