Reliance Industries Shares Drop Amid Jio Concerns and Sanctions

Imagine a big company, Reliance, that owns many businesses.

Their stock price dropped recently.

One reason is that people were hoping the company would announce a new part of their business would become its own company, but that didn't happen.

Another reason is that the government put extra taxes on oil coming from Russia, which might hurt the company.

However, an expert thinks this is a temporary dip and the company's other businesses, like stores and internet services, are still doing well and may be good investments for the future.