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Markets1h 43m ago
The Sensex plunged over 900 points, with Infosys and TCS shares plummeting up to 8.5%, and the Nifty IT Index declining nearly 6%.
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India
Who
Sensex, Infosys, TCS, Accenture, Nifty IT Index, investors
What
The Sensex plunged over 900 points, with Infosys and TCS shares plummeting up to 8.5%, and the Nifty IT Index declining nearly 6%.
When
Fri, 19 Jun 2026 09:32:39 GMT · 1h 43m ago
Where
India ·
Why
Accenture cut its full-year revenue growth forecast and next quarter estimates, generating concerns about AI impact on IT services, weak spending, and delayed projects.
The Frontline Impact
How this affects you
Investors reduced exposure to IT shares, leading to a significant decline in the broader IT sector and Indian benchmark indices.
Story chain
44 events in this thread- Markets48m agoIndian equity markets ended in the red, snapping a five-day gaining streak, with Sensex losing 607.08 points (0.78%) and Nifty shedding 154.90 points (0.64%), while Nifty IT fell over 3%.Open article
- Markets1h 16m agoThe Indian stock market indices, Sensex and Nifty, closed lower, with Sensex falling 607.08 points (0.78%) to 76,802.90 and Nifty falling 154.90 points (0.64%) to 24,013.10.Open article
- Markets1h 16m agoIndian equity markets ended a five-day gaining streak, with Sensex losing 607.08 points (0.78%) and Nifty shedding 154.90 points (0.64%).Open article
- Markets1h 16m agoIndian stock market benchmark indices, Sensex and Nifty, ended lower on Friday after a five-day rally, with the Sensex dropping 607 points and the Nifty falling to the 24,013.10 level.Open article
- Markets1h 16m agoThe Indian stock market indices, Sensex and Nifty, closed lower with Sensex falling 607.08 points (0.78%) to 76,802.90 and Nifty falling 154.90 points (0.64%) to 24,013.10, primarily due to a 3.65% drop in the Nifty IT sector.Open article
- Markets1h 16m agoThe Sensex fell 607.08 points (0.78%) to 76,802.90, while the Nifty fell 154.90 points (0.64%) to 24,013.10.Open article
- Markets1h 16m agoIndian equity markets ended in the red, snapping a five-day gaining streak, with Sensex losing over 600 points and Nifty shedding over 150 points.Open article
- Currently Reading1h 43m agoThe Sensex plunged over 900 points, with Infosys and TCS shares plummeting up to 8.5%, and the Nifty IT Index declining nearly 6%.
- Markets1h 43m agoThe Sensex plunged over 900 points, and the Nifty IT Index declined nearly 6 percent, following Accenture's revised revenue guidance.Open article
- Markets1h 43m agoThe Sensex tumbled over 900 points, with IT stocks Infosys and TCS plummeting as much as 8.5 percent, after Accenture cut its full-year revenue growth forecast.Open article
- Markets3h 23m agoAccenture's stock plunged 18% after cutting revenue guidance for the fiscal year, causing major Indian IT software stocks to slide.Open article
- Markets4h 21m agoIndian equity benchmarks Sensex and Nifty 50 traded lower, with the Nifty IT index falling over 5 percent, and Infosys, TCS, and Wipro hitting 52-week lows.Open article
- Markets4h 21m agoIndian equity benchmarks, including the Sensex and Nifty 50, traded lower, with the Nifty IT index falling over 5 percent, following a sell-off in information technology stocks.Open article
- Markets4h 23m agoIndian IT stocks, including Infosys, Tech Mahindra, Tata Consultancy Services, HCL Tech, and Wipro, tumbled after global tech giant Accenture trimmed its full-year revenue growth guidance.Open article
- Markets4h 46m agoIndian markets fell sharply, with the Sensex dropping 864 points and the Nifty IT index plunging 6%, while NIACL, IFCI, and Paras Defence shares rallied.Open article
- Markets4h 57m agoIndian equity benchmarks Nifty50 and BSE Sensex declined, with the BSE Sensex dropping over 800 points and Nifty50 falling below 24,000, primarily led by a crash in IT sector stocks.Open article
- Markets4h 57m agoIndian equity benchmarks Nifty50 and BSE Sensex snapped a five-day winning streak, declining significantly, led by a crash in IT sector stocks.Open article
- Markets4h 57m agoIndian equity benchmarks Nifty50 and BSE Sensex dropped over 800 points and below 24,000 respectively, snapping a five-day winning streak, led by a crash in IT sector stocks.Open article
- Markets4h 57m agoAccenture lowered its revenue growth guidance, citing continued weakness in client spending and a $100 million revenue impact from the West Asia conflict, triggering a sharp fall in Indian IT stocks.Open article
- Markets4h 57m agoAccenture lowered its revenue growth guidance, triggering a sharp fall in Indian IT stocks, with the Nifty IT index down as much as 5.5 percent.Open article
- Markets5h 18m agoIndian IT stocks plunged after global IT consulting giant Accenture gave a cautious demand outlook, renewing concerns over technology spending by businesses.Open article
- Markets5h 18m agoIndian IT stocks plunged, becoming the biggest laggard on Dalal Street, with the Nifty IT index down over 5%.Open article
- Markets5h 18m agoIndian IT stocks plunged, with the Nifty IT index down over 5%, after global IT consulting giant Accenture issued a cautious demand outlook.Open article
- Markets5h 46m agoIndian IT stocks experienced significant declines on the BSE and NSE after Accenture trimmed its full-year revenue growth guidance.Open article
- Markets5h 53m agoAccenture lowered its fiscal 2026 revenue growth forecast to 3-4 percent from 3-5 percent, triggering a nearly 6 percent decline in the Nifty IT index and broader Indian technology stocks on June 19.Open article
- Markets5h 53m agoGlobal consulting and technology services firm Accenture lowered its full-year revenue growth forecast, causing the Nifty IT index to crash nearly 6 percent and other Indian technology stocks to decline.Open article
- Markets5h 53m agoAccenture lowered its fiscal 2026 revenue growth forecast to 3-4% from 3-5% and reported third-quarter revenue of $18.72 billion, triggering a nearly 6% decline in the Nifty IT index.Open article
- Markets6h 9m agoStocks of major Indian information technology companies fell as much as 7% after Accenture lowered its revenue guidance.Open article
- Markets6h 21m agoThe Nifty IT index plunged 6.43 percent, or 1,831 points, to an intraday low of 26,634.50.Open article
- Markets6h 21m agoThe Nifty IT index plunged over 6% after global technology services firm Accenture cut its revenue growth guidance.Open article
- Markets6h 21m agoThe Nifty IT index plunged more than 6 per cent after global technology services firm Accenture cut its revenue growth guidance and flagged a weaker demand environment.Open article
- Markets6h 31m agoStock market benchmark indices Sensex and Nifty tumbled in early trade, with Sensex tanking 786.58 points and Nifty declining 210.95 points.Open article
- Markets6h 51m agoAccenture lowered its fiscal year revenue growth guidance for the second time this year, causing the Nifty IT index to drop 5.85% and Infosys to plunge 8%.Open article
- Markets6h 53m agoIndian markets opened with a sharp decline on Friday.Open article
- Markets7h 5m agoDomestic benchmark indices Sensex and Nifty crashed in early deals on Friday as IT stocks cracked.Open article
- Markets7h 16m agoSensex tumbled 786.58 points to 76,624.90 and Nifty declined 210.95 points to 23,959.80 in early trade.Open article
- Markets7h 16m agoNifty IT index fell more than 6% after Accenture lowered its FY27 revenue growth outlook to 3-4% from 3-5%.Open article
- Markets7h 16m agoStock market benchmark indices Sensex and Nifty tumbled in early trade.Open article
- Markets7h 16m agoAccenture lowered its revenue growth guidance, triggering a sharp fall in Indian IT stocks and a more cautious outlook for the information technology sector.Open article
- Markets7h 26m agoIndian IT stocks, including Infosys, Mphasis, Tech Mahindra, Persistent Systems, TCS, HCL Tech, Coforge, and LTM, declined significantly.Open article
- Markets7h 26m agoIndian IT stocks, including Infosys, Mphasis, Tech Mahindra, Persistent Systems, TCS, HCL Tech, Coforge, and LTM, crashed, leading to a 6.5% decline in the Nifty IT index.Open article
- Markets8h 7m agoAccenture revised its FY26 revenue growth guidance to 3%-4% from 3%-5% and projected fourth-quarter revenue below Wall Street expectations.Open article
- Markets8h 7m agoAccenture lowered its FY26 revenue growth guidance to 3%-4% and projected fourth-quarter revenue below Wall Street expectations, causing its shares to plunge 11% and Indian IT ADRs to fall.Open article
- Markets15h 16m agoAmerican Depository Receipts (ADRs) of Infosys Ltd and Wipro plunged up to 10 percent overnight, tracking Accenture's 18 percent fall, after Accenture revised its FY26 revenue guidance.Open article
Verified Sources & Citations
- HIGHBusiness Todayhttps://www.businesstoday.in/markets/stocks/story/infosys-shares-in-focus-as-adrs-tumble-10-why-tcs-techm-other-it-stocks-may-fall-today-537940-2026-06-19
- HIGHThe Economic Timeshttps://economictimes.indiatimes.com/markets/stocks/news/tcs-infosys-wipro-other-it-stocks-in-focus-as-accenture-lowers-fy26-guidance-adrs-crash-up-to-10/articleshow/131845308.cms
- HIGHLiveminthttps://www.livemint.com/market/stock-market-news/infosys-to-tcs-hcl-tech-indian-it-stocks-crash-as-accenture-trims-revenue-guidance-nifty-it-index-down-65-11781836930366.html
- HIGHMoneycontrolhttps://www.moneycontrol.com/news/business/markets/it-stocks-outlook-darkens-after-accenture-guidance-cut-ai-alone-not-to-blame-weak-demand-a-key-concern-13953751.html
- HIGHNDTV Profithttps://www.ndtvprofit.com/markets/infosys-tcs-wipro-shares-live-updates-nifty-it-falls-over-6-after-accenture-cuts-fy-guidance-11657921
- HIGHOutlook Businesshttps://www.outlookbusiness.com/news/sensex-tumbles-786-points-in-early-trade-after-five-day-rally-as-it-stocks-drag
- HIGHBusiness Todayhttps://www.businesstoday.in/markets/stocks/story/bt-opening-bell-sensex-nifty-tank-as-it-stocks-crack-post-accenture-results-537948-2026-06-19
- HIGHThe Tribunehttps://www.tribuneindia.com/news/business/indian-markets-open-with-sharp-decline-led-by-it-sell-off-global-cues-remain-mixed/
- HIGHThe Financial Expresshttps://www.financialexpress.com/market/why-are-tech-stocks-down-today-nifty-it-index-cracks-6-on-accenture-guidance-cut-infosys-plunges-8-4271378/
- HIGHNews18https://www.news18.com/agency-feeds/sensex-tumbles-786-points-in-early-trade-after-five-day-rally-as-it-stocks-drag-10160007.html
- HIGHThe Hinduhttps://www.thehindu.com/business/markets/stock-markets-activity-on-june-19-2026/article71120773.ece
- HIGHLokmat Timeshttps://www.lokmattimes.com/technology/nifty-it-tumbles-over-6-pc-as-accenture-guidance-cut-rattles-sector-1/
- HIGHCNBChttps://www.cnbc.com/2026/06/19/india-it-stocks-fall-accenture-cuts-revenue-forecast.html
- HIGHOutlook Moneyhttps://www.outlookmoney.com/invest/it-stocks-today-nifty-it-sinks-6-as-accenture-guidance-cut-triggers-sell-off-in-infosys-tcs-hcl-tech
- HIGHNewsXhttps://www.newsx.com/business/why-are-it-stocks-falling-today-infosys-tcs-lead-sell-off-after-accentures-weak-outlook-237275/
- HIGHTimes of Indiahttps://timesofindia.indiatimes.com/business/india-business/why-is-stock-market-down-today-bse-sensex-nifty50-june-19-2026-it-sector-stocks-crash-top-5-reasons-for-fall/articleshow/131848779.cms
- HIGHThe Financial Expresshttps://www.financialexpress.com/market/stocks-making-the-big-moves-midday-infosys-niacl-paras-defence-and-others-4271584/
- HIGHThe Tribunehttps://www.tribuneindia.com/news/business/it-stocks-hit-hard-after-accenture-trims-full-year-revenue-guidance-infosys-tanks-8-5/
- HIGHThe Hindu Business Linehttps://www.thehindubusinessline.com/markets/markets-trade-near-session-low-amid-sharp-it-correction-led-by-infosys-tcs/article71121129.ece
- HIGHMarketScreenerhttps://www.marketscreener.com/news/indian-it-stocks-stumble-following-u-s-peers-as-ai-angst-resurfaces-ce7f5cd2da8ff62c
- HIGHTimes Nowhttps://www.timesnownews.com/business-economy/markets/stock-market-today-sensex-plunges-as-accenture-guidance-cut-triggers-it-selloff-infosys-tcs-lead-declines-article-154684215
- HIGHThe Tribunehttps://www.tribuneindia.com/news/business/sensex-dives-over-600-points-after-5-day-rally-dragged-by-it-stocks-renewed-geopolitical-uncertainty/
- HIGHThe Tribunehttps://www.tribuneindia.com/news/business/indian-equity-markets-snap-5-day-gaining-streak-it-drops-over-3/
- HIGHNewsXhttps://www.newsx.com/business/stock-market-today-closing-bell-sensex-falls-607-points-nifty-ends-lower-as-it-sector-drag-markets-237428/