Indian stock market benchmark indices, Sensex and Nifty, ended lower on Friday, snapping a five-day rally, driven by heavy selling in IT firms and renewed geopolitical uncertainty.

Mumbai

Who

Indian stock market benchmark indices (Sensex, Nifty), IT firms (Infosys, Tata Consultancy Services, HCL Tech, Tech Mahindra), Accenture, US Vice President JD Vance, Iranian negotiators

What

When

Fri, 19 Jun 2026 10:30:00 GMT · 3h 46m ago

Where

Mumbai ·

Why

The market decline was caused by global tech giant Accenture trimming its full-year revenue growth guidance, leading to heavy selling in IT stocks, and the postponement of US-Iran peace deal talks in Switzerland.

The Frontline Impact

How this affects you

The Sensex declined 607.08 points (0.78%) and the Nifty fell 154.90 points (0.64%), indicating a reversal of recent gains and dampened investor sentiment due to tech sector concerns and geopolitical uncertainty.

Story chain

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Verified Sources & Citations

Deccan Chronicle
https://www.deccanchronicle.com/business/market/markets-snap-5-day-rally-amid-geopolitical-uncertainty-selloff-in-it-stocks-1964733
HIGH

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