By Kimberley Kao and Fabiana Negrin Ochoa
Accenture's share slide overnight bled over into major software stocks in India on Friday, reflecting continued worries that artificial intelligence will render some IT services obsolete.
Information-technology consulting firm Accenture's stock plunged 18% Thursday after it cut revenue guidance for the fiscal year, resurfacing concerns about the health of the broader sector.
U.S.-listed shares of Indian IT heavyweight Infosys slid 9.7% overnight, while Wipro lost 3.6%.
That continued into the last trading day of the week in India, with Infosys down 7.6%, Tata Consultancy Services losing 5.6% and Wipro 2.7% lower.
