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Markets4h 16m 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.

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India

Who
Indian equity benchmarks (Nifty50, BSE Sensex), IT sector stocks (Infosys, TCS, Tech Mahindra, HCLTech), Foreign institutional investors (FIIs)
What
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.
When
Fri, 19 Jun 2026 06:19:00 GMT · 4h 16m ago
Where
India ·
Why
The decline was attributed to a sharp fall in IT stocks following Accenture's lowered revenue growth forecast, foreign institutional investors returning to selling, profit-taking, unfavorable global market signals, and lingering geopolitical concerns in the Middle East.
The Frontline Impact

How this affects you

The decline snapped a five-day winning streak for Indian benchmarks, with the Nifty IT index plunging close to 6% and India VIX climbing nearly 5%, indicating increased market volatility and dampened investor confidence.

Story chain

37 events in this thread
  1. Markets1h 2m 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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  2. Markets1h 2m 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.
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  3. Markets1h 2m ago
    The Sensex plunged over 900 points, and the Nifty IT Index declined nearly 6 percent, following Accenture's revised revenue guidance.
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  4. Markets2h 42m ago
    Accenture's stock plunged 18% after cutting revenue guidance for the fiscal year, causing major Indian IT software stocks to slide.
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  5. Markets3h 40m 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.
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  6. Markets3h 40m 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.
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  7. Markets3h 42m 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.
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  8. Markets4h 5m 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.
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  9. Markets4h 16m 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
  10. Currently Reading4h 16m 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.
  11. Markets4h 16m 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
  12. Markets4h 16m 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
  13. Markets4h 16m 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
  14. Markets4h 37m ago
    Indian IT stocks plunged, with the Nifty IT index down over 5%, after global IT consulting giant Accenture issued a cautious demand outlook.
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  15. Markets4h 37m ago
    Indian IT stocks plunged, becoming the biggest laggard on Dalal Street, with the Nifty IT index down over 5%.
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  16. Markets4h 37m ago
    Indian IT stocks plunged after global IT consulting giant Accenture gave a cautious demand outlook, renewing concerns over technology spending by businesses.
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  17. Markets5h 5m ago
    Indian IT stocks experienced significant declines on the BSE and NSE after Accenture trimmed its full-year revenue growth guidance.
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  18. Markets5h 13m 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.
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  19. Markets5h 13m 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.
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  20. Markets5h 13m 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.
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  21. Markets5h 28m ago
    Stocks of major Indian information technology companies fell as much as 7% after Accenture lowered its revenue guidance.
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  22. Markets5h 40m ago
    The Nifty IT index plunged over 6% after global technology services firm Accenture cut its revenue growth guidance.
    Open article
  23. Markets5h 40m 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.
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  24. Markets5h 40m ago
    The Nifty IT index plunged 6.43 percent, or 1,831 points, to an intraday low of 26,634.50.
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  25. Markets5h 50m ago
    Stock market benchmark indices Sensex and Nifty tumbled in early trade, with Sensex tanking 786.58 points and Nifty declining 210.95 points.
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  26. Markets6h 10m 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%.
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  27. Markets6h 12m ago
    Indian markets opened with a sharp decline on Friday.
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  28. Markets6h 25m ago
    Domestic benchmark indices Sensex and Nifty crashed in early deals on Friday as IT stocks cracked.
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  29. Markets6h 35m 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.
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  30. Markets6h 35m ago
    Nifty IT index fell more than 6% after Accenture lowered its FY27 revenue growth outlook to 3-4% from 3-5%.
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  31. Markets6h 35m ago
    Stock market benchmark indices Sensex and Nifty tumbled in early trade.
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  32. Markets6h 35m ago
    Sensex tumbled 786.58 points to 76,624.90 and Nifty declined 210.95 points to 23,959.80 in early trade.
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  33. Markets6h 45m ago
    Indian IT stocks, including Infosys, Mphasis, Tech Mahindra, Persistent Systems, TCS, HCL Tech, Coforge, and LTM, declined significantly.
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  34. Markets6h 45m 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.
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  35. Markets7h 26m ago
    Accenture revised its FY26 revenue growth guidance to 3%-4% from 3%-5% and projected fourth-quarter revenue below Wall Street expectations.
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  36. Markets7h 26m 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.
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  37. Markets14h 35m 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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