Indian shares were sharply lower in early trade on Friday, with IT stocks coming under heavy selling pressure after Accenture slashed its annual revenue growth forecast, raising concerns around the outlook for Indian IT companies.
The benchmark BSE Sensex was down 702 points, or 0.9 percent, at 76,702 while the broader NSE Nifty index fell by 187 points, or 0.8 percent, to 23,981.
Tech Mahindra, HCL Technologies, TCS and Infosys plummeted 4-8 percent.
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Market Analysis
Indian Shares Slump As IT Stocks Nosedive After Accenture’s Weak Guidance
2026-06-19 04:48:46
