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Infosys ADRs crash over 8%, Wipro falls 6% after Accenture cuts annual revenue forecast

Infosys and Wipro ADRs plunged following Accentures reduced FY26 revenue forecast. This downgrade highlights enterprise caution regarding discretionary IT spending, impacting Indian IT giants despite their AI investments and ongoing transformation projects, overshadowing recent cybersecurity acquisitions.

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timesofindia.indiatimes.com

thehindubusinessline.com

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m.economictimes.com1 mese fa

TCS, Infosys, Wipro, other IT stocks crash up to 8% as Accenture lowers FY26 guidance

Accenture lowered FY26 revenue guidance to 3%-4% from 3%-5%, causing TCS, Infosys, and Wipro to fall up to 8%. The move signals enterprise caution on discretionary IT spending and digital transformation contracts, constraining budgets for Indian IT services firms.

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Timeline cronologica

giovedì 18 giugno 2026·economictimes.indiatimes.com
Infosys, TCS, Wipro, other IT stocks fall up to 3% after Fed's hawkish tone. What's ahead?
Indian IT stocks, including Infosys and TCS, experienced a significant decline of up to 3% on Thursday. This downturn was triggered by a hawkish stance from the US Federal…
giovedì 18 giugno 2026·economictimes.indiatimes.com
Accenture cuts revenue outlook, stock crashes 11% in pre-market trading
Accenture has lowered its annual revenue growth forecast. Companies are still cautious about spending on technology. This is happening even as they invest in artificial…

Infosys ADRs crash over 8%, Wipro falls 6% after Accenture cuts annual revenue forecast

Confronto fonti

TCS, Infosys, Wipro, other IT stocks crash up to 8% as Accenture lowers FY26 guidance

Timeline cronologica

Infosys, TCS, Wipro, other IT stocks fall up to 3% after Fed's hawkish tone. What's ahead?

Accenture cuts revenue outlook, stock crashes 11% in pre-market trading

Infosys shares plunge 9%, wiping out ₹40,000cr investor wealth

IT nightmare on loop, Accenture's 20% fall highlights AI disruption

Why IT stocks crashed today: Nifty IT, Infosys, TCS, Wipro hit fresh lows, rattled by Accenture outlook

Indian IT stocks slump up to 7% as Accenture cuts revenue outlook, fueling fresh concerns over sector growth

Accenture shares plunge 18% on lowered revenue outlook

Accenture stock drops 20%, buys $4.18bn of cybersecurity