58
Markets2h 55m ago

Indian equities closed the week higher on gains in financials, realty, and capital goods, despite a Friday sell-off in IT stocks and a worsening monsoon outlook.

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India

Who
Indian equities, foreign investors, domestic institutional investors, Infosys, TCS, Tech Mahindra
What
Indian equities closed the week higher on gains in financials, realty, and capital goods, despite a Friday sell-off in IT stocks and a worsening monsoon outlook.
When
Fri, 19 Jun 2026 14:04:42 GMT · 2h 55m ago
Where
India ·
Why
Gains were supported by foreign inflows and softer crude prices, while weakness in technology stocks, triggered by Accenture's softer guidance, and a rainfall deficit of around 40% in central India capped the upside.
The Frontline Impact

How this affects you

The market's performance reflects selective momentum, with the IT sector experiencing a valuation de-rating due to AI concerns and a cyclical slowdown in enterprise spending, while weak monsoon progress poses risks to rural demand and food inflation.

Story chain

50 events in this thread
  1. Currently Reading2h 55m ago
    Indian equities closed the week higher on gains in financials, realty, and capital goods, despite a Friday sell-off in IT stocks and a worsening monsoon outlook.
  2. Markets2h 55m ago
    Indian equities closed the week higher, but the BSE IT index fell 1.3% during the week, with a 4% drop on Friday, impacting Infosys, TCS, and Tech Mahindra.
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  3. Markets6h 2m ago
    Indian stock market benchmark indices, Sensex and Nifty, ended lower, with Sensex dropping 607.08 points (0.78%) to 76,802.90 and Nifty declining 154.90 points (0.64%) to 24,013.10.
    Open article
  4. Markets6h 32m ago
    Indian 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
  5. Markets7h 0m ago
    The 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
  6. Markets7h 0m ago
    Indian equity market indices Sensex and Nifty snapped a five-day gaining streak as IT stocks declined.
    Open article
  7. Markets7h 0m ago
    Indian equity market indices Sensex and Nifty snapped a five-day gaining streak, with IT stocks leading losses as BSE IT index tanked 992 pts and Nifty IT index crashed 1039 pts.
    Open article
  8. Markets7h 0m ago
    Indian equity benchmark indices, BSE Sensex and Nifty50, snapped a five-session winning streak on Friday, with Sensex shedding 607.08 points and Nifty closing down 154.90 points.
    Open article
  9. Markets7h 0m ago
    Indian 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
  10. Markets7h 0m ago
    Indian 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
  11. Markets7h 0m ago
    The 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
  12. Markets7h 0m ago
    Indian 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
  13. Markets7h 0m ago
    The 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
  14. Markets7h 27m ago
    The 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
  15. Markets7h 27m 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%.
    Open article
  16. Markets7h 27m ago
    The Sensex plunged over 900 points, and the Nifty IT Index declined nearly 6 percent, following Accenture's revised revenue guidance.
    Open article
  17. Markets9h 7m ago
    Accenture's stock plunged 18% after cutting revenue guidance for the fiscal year, causing major Indian IT software stocks to slide.
    Open article
  18. Markets10h 5m ago
    Indian 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
  19. Markets10h 5m ago
    Indian 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
  20. Markets10h 7m ago
    Indian 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
  21. Markets10h 30m ago
    Indian 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
  22. Markets10h 41m ago
    Indian equity benchmarks Nifty50 and BSE Sensex snapped a five-day winning streak, declining significantly, led by a crash in IT sector stocks.
    Open article
  23. Markets10h 41m ago
    Indian 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
  24. Markets10h 41m ago
    Indian 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
  25. Markets10h 41m ago
    Accenture 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
  26. Markets10h 41m ago
    Accenture 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
  27. Markets11h 2m ago
    Indian IT stocks plunged, becoming the biggest laggard on Dalal Street, with the Nifty IT index down over 5%.
    Open article
  28. Markets11h 2m ago
    Indian IT stocks plunged, with the Nifty IT index down over 5%, after global IT consulting giant Accenture issued a cautious demand outlook.
    Open article
  29. Markets11h 2m ago
    Indian IT stocks plunged after global IT consulting giant Accenture gave a cautious demand outlook, renewing concerns over technology spending by businesses.
    Open article
  30. Markets11h 30m ago
    Indian IT stocks experienced significant declines on the BSE and NSE after Accenture trimmed its full-year revenue growth guidance.
    Open article
  31. Markets11h 38m ago
    Global 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
  32. Markets11h 38m ago
    Accenture 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
  33. Markets11h 38m ago
    Accenture 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
  34. Markets11h 53m ago
    Stocks of major Indian information technology companies fell as much as 7% after Accenture lowered its revenue guidance.
    Open article
  35. Markets12h 5m ago
    The Nifty IT index plunged 6.43 percent, or 1,831 points, to an intraday low of 26,634.50.
    Open article
  36. Markets12h 5m ago
    The 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
  37. Markets12h 5m ago
    The Nifty IT index plunged over 6% after global technology services firm Accenture cut its revenue growth guidance.
    Open article
  38. Markets12h 15m ago
    Stock market benchmark indices Sensex and Nifty tumbled in early trade, with Sensex tanking 786.58 points and Nifty declining 210.95 points.
    Open article
  39. Markets12h 35m ago
    Accenture 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
  40. Markets12h 37m ago
    Indian markets opened with a sharp decline on Friday.
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  41. Markets12h 50m ago
    Domestic benchmark indices Sensex and Nifty crashed in early deals on Friday as IT stocks cracked.
    Open article
  42. Markets13h 0m ago
    Accenture 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
  43. Markets13h 0m ago
    Stock market benchmark indices Sensex and Nifty tumbled in early trade.
    Open article
  44. Markets13h 0m ago
    Sensex tumbled 786.58 points to 76,624.90 and Nifty declined 210.95 points to 23,959.80 in early trade.
    Open article
  45. Markets13h 0m ago
    Nifty IT index fell more than 6% after Accenture lowered its FY27 revenue growth outlook to 3-4% from 3-5%.
    Open article
  46. Markets13h 10m ago
    Indian IT stocks, including Infosys, Mphasis, Tech Mahindra, Persistent Systems, TCS, HCL Tech, Coforge, and LTM, declined significantly.
    Open article
  47. Markets13h 10m ago
    Indian 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
  48. Markets13h 51m ago
    Accenture revised its FY26 revenue growth guidance to 3%-4% from 3%-5% and projected fourth-quarter revenue below Wall Street expectations.
    Open article
  49. Markets13h 51m ago
    Accenture 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
  50. Markets21h 0m ago
    American 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

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