Infosys shares rally, SEBI lifts restrictions on 16 key entities in insider trading case
SEBI has lifted restrictions on 16 entities, including ex-Infosys employees, in an insider trading investigation involving Infosys shares. The case began with unusual trading patterns around Infosys's financial results. After a 57-page order, SEBI found insufficient evidence against Pranshu Bhutra and dismissed all other claims. Infosys shares have gained 7.54% on the indices.