Free Press Journal

Accenture Warning Triggers ₹2 Lakh Crore Selloff In Indian IT Stocks (opens in new tab)

Covered by kite.kagi.com

Indian IT stocks plunged sharply after Accenture cut its revenue guidance and flagged weak client spending despite AI optimism. Major IT firms like TCS, Infosys, and Wipro fell up to 6%, wiping out nearly ₹2 lakh crore in market value. Investors fear prolonged global demand weakness in tech services

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