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Markets4h 21m 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.
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India
Who
Accenture, Infosys, TCS, Tech Mahindra, HCL Technologies, CLSA, Morgan Stanley, Goldman Sachs, HSBC, Nomura, Jefferies, Motilal Oswal Financial Services, Choice Institutional Equities, JM Financial Institutional Equities
What
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.
When
Fri, 19 Jun 2026 06:18:50 GMT · 4h 21m ago
Where
India ·
Why
The guidance cut was attributed to persistent macroeconomic uncertainty, delayed decision-making by clients, weak client spending, and geopolitical factors including the conflict in West Asia.
The Frontline Impact
How this affects you
The outlook for the information technology sector has turned more cautious, with brokerages warning that a meaningful recovery in technology demand may take longer than previously expected, posing downside risks to FY27 growth forecasts for Indian IT companies.
Story chain
38 events in this thread- Markets40m 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 7m 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
- Markets1h 7m agoThe 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
- Markets1h 7m agoThe Sensex plunged over 900 points, and the Nifty IT Index declined nearly 6 percent, following Accenture's revised revenue guidance.Open article
- Markets2h 47m agoAccenture's stock plunged 18% after cutting revenue guidance for the fiscal year, causing major Indian IT software stocks to slide.Open article
- Markets3h 45m 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
- Markets3h 45m 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
- Markets3h 47m 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 10m 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 21m 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 21m 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 21m 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 21m 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
- Currently Reading4h 21m 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.
- Markets4h 42m 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
- Markets4h 42m agoIndian IT stocks plunged, becoming the biggest laggard on Dalal Street, with the Nifty IT index down over 5%.Open article
- Markets4h 42m 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 10m agoIndian IT stocks experienced significant declines on the BSE and NSE after Accenture trimmed its full-year revenue growth guidance.Open article
- Markets5h 18m 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 18m 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 18m 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
- Markets5h 33m agoStocks of major Indian information technology companies fell as much as 7% after Accenture lowered its revenue guidance.Open article
- Markets5h 45m agoThe Nifty IT index plunged over 6% after global technology services firm Accenture cut its revenue growth guidance.Open article
- Markets5h 45m 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
- Markets5h 45m agoThe Nifty IT index plunged 6.43 percent, or 1,831 points, to an intraday low of 26,634.50.Open article
- Markets5h 55m 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 15m 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 17m agoIndian markets opened with a sharp decline on Friday.Open article
- Markets6h 30m agoDomestic benchmark indices Sensex and Nifty crashed in early deals on Friday as IT stocks cracked.Open article
- Markets6h 40m agoSensex tumbled 786.58 points to 76,624.90 and Nifty declined 210.95 points to 23,959.80 in early trade.Open article
- Markets6h 40m agoNifty IT index fell more than 6% after Accenture lowered its FY27 revenue growth outlook to 3-4% from 3-5%.Open article
- Markets6h 40m agoStock market benchmark indices Sensex and Nifty tumbled in early trade.Open article
- Markets6h 40m 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
- Markets6h 50m agoIndian IT stocks, including Infosys, Mphasis, Tech Mahindra, Persistent Systems, TCS, HCL Tech, Coforge, and LTM, declined significantly.Open article
- Markets6h 50m 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
- Markets7h 31m agoAccenture revised its FY26 revenue growth guidance to 3%-4% from 3%-5% and projected fourth-quarter revenue below Wall Street expectations.Open article
- Markets7h 31m 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
- Markets14h 40m 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
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- 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
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- 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/indian-equity-markets-snap-5-day-gaining-streak-it-drops-over-3/