Big-ticket deals at IT services firms not only rake in billions but often cause stock prices to soar. Such was the case when Infosys bagged a 10-year, $1.89 billion contract with Vanguard on July 14, 2020. Infosys shares jumped nearly 5% after the deal announcement. But what happens when employees share this sensitive information before it becomes public? Watch!
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#insidertrading #stockmarketscam #stockmarket
Mint is an Indian financial daily newspaper published by HT Media. The Mint YT Channel brings you cutting edge analysis of the latest business news and financial news. With in-depth market coverage, explainers and expert opinions, we break down and simplify business news for you.
Click here to download the Mint App: https://livemint.onelink.me/MrDS/p0kx3pdg
Subscribe to Mint Premium Now: https://www.read.ht/Scaq
Subscribe to Mint's WhatsApp Channel: https://whatsapp.com/channel/0029Va91YSeGehEM6oMesj3d
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