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India Business · thehindubusinessline.com · Friday, 19 June 2026

Accenture's guidance cut drags Nifty IT index to 52‑week low, Infosys and TCS tumble

The Nifty IT index slumped over 6% to a 52‑week low after Accenture cut its FY26 revenue growth outlook, sparking a sector‑wide sell‑off. Infosys fell 8.6%, TCS 6.5% and Wipro 4.3%, warning that global IT spending weakness could bite Indian exporters.

Read the source: thehindubusinessline.com ↗In the 19 June issue →