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OGCC IT SERVICES MARKET
Why did market fall today? Sensex slumps 600 points, Nifty closes below 24,050. IT selloff among 5 key triggersIndian equities experienced a sharp decline on Friday, snapping a five-day winning streak as IT stocks faced heavy selling pressure. Weak g...19 Jun, 2026, 03.49 PM IST- AI fear over IT overdone, but near-term pain likely to persist: Seshadri SenIndian IT services face persistent pressure due to AI disruption fears, with market expert Seshadri Sen advising tactical caution despite a...19 Jun, 2026, 02.31 PM IST
- Explained: Why Accenture's warning sparked a Rs 1.35 lakh crore meltdown for TCS, Infosys, other IT stocksIndian IT majors faced a brutal sell-off, losing Rs 1.35 lakh crore after Accenture's revenue guidance cut. Structural fears around AI repl...19 Jun, 2026, 01.50 PM IST
- Data centres, AI infra become IT's next growth betIndia's software services industry is finding new growth in data centers and AI. Companies like HCLTech, TCS, Accenture, and Cognizant are ...19 Jun, 2026, 01.30 PM IST
- Indian IT is a trade, not an investment, and the market just got the memo: Sandip SabharwalAccenture's slump signals headwinds for Indian IT, with Sandip Sabharwal viewing them as trading plays rather than long-term investments du...19 Jun, 2026, 01.04 PM IST
- Accenture signals caution, but analysts see long-term IT opportunityAccenture's earnings signal tough times for IT services. Indian IT firms face weak demand and cautious client spending. While valuations ar...19 Jun, 2026, 12.27 PM IST
- Accenture's weak bookings raise AI fears, but Indian IT may weather the storm: Sandip AgarwalAccenture's recent earnings reveal a sharp decline in new bookings and a reduced guidance, sparking concerns about AI's impact on the IT se...19 Jun, 2026, 11.49 AM IST
- Wipro to buy 20% stake more in Aggne Global for $2 millionWipro is set to acquire a further 20% stake in Aggne Global IT Services Private Limited. This move will boost Wipro's ownership in Aggne Gl...18 Jun, 2026, 06.37 PM IST
- Christy Mathai used market dip to buy insurance, logistics stocks; here's his sector-by-sector playbookFund Manager Christy Mathai sees easing war-driven inflation fears, expecting a shorter earnings hit. He's selectively adding to his portfo...18 Jun, 2026, 06.09 PM IST
- Nifty holds above 24,000, but IT stocks aren't out of the woods yet: Akshay BhagwatThe Nifty has crossed the 24,000 mark, with analysts seeing potential for a move towards 24,600. Support is seen around 23,800, making dips...18 Jun, 2026, 02.50 PM IST
- India-UK social security pact to benefit 90-95% of Indian professionals in BritainA new social security agreement between India and the UK, effective July 15, will benefit 90-95% of Indian professionals working for Indian...18 Jun, 2026, 02.14 PM IST
- Share of services in exports rises to 48.8% in FY26India's services exports have seen significant growth. The services sector now accounts for nearly half of the country's total exports. Thi...16 Jun, 2026, 11.50 PM IST
- Italy's antitrust regulator probes Apple over cloud services under Digital Market rulesUnder the rules, Apple must ensure that third-party providers of consumer cloud services can inter-operate effectively and free of charge...16 Jun, 2026, 01.24 PM IST
- Indian IT firms step up Europe expansion as growth outpaces North AmericaIndian IT firms are increasingly focusing on Europe for growth, with a significant rise in new delivery centres and strategic investments. ...15 Jun, 2026, 06.00 AM IST
- LIC targets stronger market leadership as it approaches its platinum jubileeLIC CEO R Doraiswamy stated the corporation will maintain its leadership in the life insurance sector and contribute to national developmen...14 Jun, 2026, 10.53 AM IST
- 'Not a great environment for Indian market': Harsha Upadhyaya on Iran-US tensions, IT outlook, pharma bet, and where to be cautiousGlobal challenges are impacting Indian stocks. West Asian tensions and rising US inflation create headwinds. Tech sector shifts also affect...12 Jun, 2026, 01.04 PM IST
- AI not a threat, but opportunity for IT services: TCS chairman N ChandrasekaranAddressing the concerns that AI could reduce demand for traditional IT services, Chandrasekaran said the market has misunderstood the relat...09 Jun, 2026, 09.07 PM IST
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