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ACCENTURE GUIDANCE CUT
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
- 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
- Nifty IT crashes 6% to 3-year low as Infosys, HCL Tech, other IT stocks crash up to 9%. Time to buy the dip?The Nifty IT index slumped over 6% to a three-year low after Accenture’s guidance cut triggered a sharp sell-off in Infosys, TCS, HCLTech a...19 Jun, 2026, 12.00 PM IST
- TCS, Infosys, Wipro, other IT stocks crash up to 8% as Accenture lowers FY26 guidanceIndian IT stocks, including TCS and Infosys, tumbled up to 8% after Accenture lowered its annual revenue growth forecast, signaling continu...19 Jun, 2026, 11.59 AM 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
- Buy, Sell or Hold: Morgan Stanley raises target price on NYKAA; Elara Capital maintains buy on Devyani InternationalBrokerage views on Indian equities are mixed as Morgan Stanley raises Nykaa's target price on ambitious FY30 growth plans. Conversely, conc...19 Jun, 2026, 09.17 AM IST
- Accenture logs $18 billion Q3 revenue, revenue misses estimatesAccenture's Q3 FY26 results revealed a slowdown in IT demand, with the company missing revenue estimates and lowering its full-year guidanc...19 Jun, 2026, 06.00 AM IST
- Infosys ADRs crash over 8%, Wipro falls 6% after Accenture cuts annual revenue forecastInfosys and Wipro ADRs plunged following Accenture’s reduced FY26 revenue forecast. This downgrade highlights enterprise caution regarding ...18 Jun, 2026, 07.49 PM IST
- Accenture guidance spooks D-Street, investors trim IT betsAccenture's lowered revenue growth guidance triggered a sell-off in Indian IT stocks, with the Nifty IT index falling 1.5%. Investors are c...24 Jun, 2025, 05.29 AM IST
- Accenture's revenue outlook cut sends IT stocks crashingInvestors reduced IT shares post Accenture's lowered revenue guidance, impacting Nifty IT, TCS, Infosys, Cyient, Mastek, LatentView, LTI Mi...23 Mar, 2024, 09.13 AM IST
- IT stocks tumbling on Accenture guidance cut: Time to accumulate, says Sandip AgarwalSandip Agarwal says for Accenture, the challenge is on the discretionary side or on the consulting side, where we have small presence for s...22 Mar, 2024, 11.44 AM IST
- HCL Tech, TCS, Infosys, other IT stocks drop up to 5%. Blame it on AccentureIT giants' shares drop as Accenture reduces FY24 revenue forecast, impacting Nifty IT index. Global peer's muted guidance affects market vi...22 Mar, 2024, 09.52 AM IST
- ET Explainer: Should Indian IT companies be concerned about Accenture’s Q2 guidance?Discretionary spending is under pressure, decision-making is slow and small deals are fewer in number, as was the case in the recent quarte...20 Dec, 2023, 05.07 PM IST
- Accenture narrows full-year growth guidance on uncertainty over Covid-19Accenture has narrowed its full-year revenue growth expectations, as Covid-19 continues to impact its clients' spending. Accenture has furt...25 Jun, 2020, 07.16 PM IST
- Accenture guidance cut signals hard times ahead for India ITIndian IT exporters generate substantial portion of their revenue from the US and European markets.20 Mar, 2020, 02.44 PM IST
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