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Sensex, Nifty fall 1% as Accenture-triggered IT rout snaps 5-day rally

Benchmark indices snapped their five-session winning streak on Friday, with the BSE Sensex plunging over 830 points and the Nifty 50 shedding nearly 230 points, dragged lower by a sharp sell-off in information technology stocks

Raccontata dathehindubusinessline.comeconomictimes.indiatimes.comm.economictimes.comchannelnewsasia.comthehindu.comcnbc.comtimesofindia.indiatimes.commorningstar.comgulfnews.comnewsbytesapp.com

Confronto fonti

6 prospettive sulla stessa storia
AI · summaries
thehindu.com12 h fa

Sensex tumbles 786 points after five-day rally as IT stocks drag

Accenture's guidance cut triggered 5.4% IT index plunge; Sensex down 786 with Infosys -8%, TCS -6%. Signals weakening global IT services demand—vendor consolidation accelerates while outsourcing budgets face renewed compression.

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thehindubusinessline.com11 h fa

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

Accenture cut FY26 revenue guidance to 3-4%, sparking a 6% Nifty IT selloff; Infosys dropped 8.6%, TCS 6.5%, Wipro 4.3%. The guidance signals weakening discretionary IT spending and delayed client decisions, offsetting gains from AI monetization.

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economictimes.indiatimes.com12 h fa

Why is market falling today? Sensex slumps 800 points, Nifty below 23,950. IT selloff among 5 key triggers

Accenture cut FY26 guidance to 3-4% (vs 3-5%) on weak enterprise IT spending; Sensex fell 800 as Indian IT stocks crashed 6-8%. Signal of discretionary IT budget cuts—enterprises retrench digital transformation and consulting despite AI/cybersecurity investments.

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channelnewsasia.com12 h fa

Indian IT stocks tumble as bellwether Accenture flags weak outlook

BENGALURU, June 19 : India's Nifty IT index slumped 5.6 per cent on Friday after industry bellwether Accenture forecast quarterly ​sales below Wall Street view and lowered the upper end of its annual revenue outlook due…

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gulfnews.com7 h fa

Indian stock market meltdown: How Accenture’s warning triggered the selloff

Indian stock markets tumble as Accenture’s weak guidance sparks IT-led selloff, wiping out recent gains and stoking fears over global tech demand.

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timesofindia.indiatimes.com10 h fa

Why is stock market down today? BSE Sensex drops over 800 points, Nifty50 below 24,000 as IT stocks crash -…

Stock market today: Indian equity benchmarks, Nifty50 and BSE Sensex, snapped their five day winning streak to tank in trade on Friday. The decline was led majorly by IT sector stocks crashing.

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Timeline cronologica

  1. giovedì 18 giugno 2026·thehindubusinessline.com

    Sensex, Nifty cautious as IT stocks slide after Hawkish US Fed commentary

    Equity benchmarks remain cautious as IT stocks drop over 1.5% following a hawkish US Fed commentary despite softer crude prices.

  2. venerdì 19 giugno 2026·economictimes.indiatimes.com

    Sensex Today | Nifty 50 | Stock Market Live Updates: Sensex plunges over 750 points, Nifty below 24K; IT index slumps 6% - The Economic…

    Sensex Today | Nifty 50 | Stock Market Live Updates: The sharp rally in the Indian stock market lost steam as Sensex and Nifty slipped into the deep red on Friday, snapping a…

  3. venerdì 19 giugno 2026·economictimes.indiatimes.com

    TCS, Infosys, Wipro, other IT stocks in focus as Accenture lowers FY26 guidance; ADRs crash up to 10%

    Accentures trimmed FY26 revenue guidance and softer outlook on discretionary IT spending triggered a global sell-off, dragging Indian IT ADRs, with Infosys falling 10% and Wipro…

  4. venerdì 19 giugno 2026·m.economictimes.com

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

    Indian IT stocks, including TCS and Infosys, tumbled up to 8% after Accenture lowered its annual revenue growth forecast, signaling continued caution in discretionary technology…

  5. venerdì 19 giugno 2026·economictimes.indiatimes.com

    Why is market falling today? Sensex slumps 800 points, Nifty below 23,950. IT selloff among 5 key triggers

    Indian stock markets experienced a sharp downturn on Friday. The Sensex and Nifty saw significant declines, ending a five-day rally. Heavy selling pressure in IT stocks and weak…

  6. venerdì 19 giugno 2026·channelnewsasia.com

    India's Nifty IT index at three-year low as bellwether Accenture flags weak outlook

    BENGALURU, June 19 : India's Nifty IT index fell to a three-year low on Friday after bellwether Accenture forecast quarterly ​sales below Wall Street view, cut its annual revenue…

  7. venerdì 19 giugno 2026·channelnewsasia.com

    Indian IT stocks tumble as bellwether Accenture flags weak outlook

    BENGALURU, June 19 : India's Nifty IT index slumped 5.6 per cent on Friday after industry bellwether Accenture forecast quarterly ​sales below Wall Street view and lowered the…

  8. venerdì 19 giugno 2026·thehindubusinessline.com

    Sensex, Nifty fall 1% as Accenture-triggered IT rout snaps 5-day rally

    Benchmark indices snapped their five-session winning streak on Friday, with the BSE Sensex plunging over 830 points and the Nifty 50 shedding nearly 230 points, dragged lower by a…

  9. venerdì 19 giugno 2026·thehindu.com

    Sensex tumbles 786 points after five-day rally as IT stocks drag

    Sensex drops 786 points after a five-day rally, led by declines in major IT stocks amid revenue guidance cuts.

  10. venerdì 19 giugno 2026·economictimes.indiatimes.com

    Explained: Why Accenture's warning sparked a Rs 1.35 lakh crore meltdown for TCS, Infosys, other IT stocks

    Indian IT majors faced a brutal sell-off, losing Rs 1.35 lakh crore after Accenture's revenue guidance cut. Structural fears around AI replacing traditional services and…

  11. venerdì 19 giugno 2026·economictimes.indiatimes.com

    Rs 40,000 crore gone in minutes! Why Infosys shares crashed 9% to hit a new 52-week low

    Infosys share price: Infosys shares plummeted 9% to a 52-week low, losing nearly Rs 40,000 crore in market cap. This follows Accenture's lowered revenue forecast, sparking…

  12. venerdì 19 giugno 2026·cnbc.com

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

    Shares of major Indian IT companies fall up to 7% after global sector leader Accenture cuts its revenue guidance.

  13. venerdì 19 giugno 2026·thehindubusinessline.com

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

    The Nifty IT index plunged more than 6 per cent to a fresh 52-week low of 26,634.50, making it the worst-performing sectoral index

  14. venerdì 19 giugno 2026·timesofindia.indiatimes.com

    Infosys, TCS & other Indian IT stocks crash! How Accenture’s warning has led to big sell-off - what brokerages are saying

    Indian IT stocks crashed on Friday as growing disruption fears from artificial intelligence weighed on major stocks such as Tata Consultancy Services (TCS), Infosys, Tech…

  15. venerdì 19 giugno 2026·timesofindia.indiatimes.com

    Why is stock market down today? BSE Sensex drops over 800 points, Nifty50 below 24,000 as IT stocks crash - top 5 reasons for fall

    Stock market today: Indian equity benchmarks, Nifty50 and BSE Sensex, snapped their five day winning streak to tank in trade on Friday. The decline was led majorly by IT sector…

  16. venerdì 19 giugno 2026·thehindubusinessline.com

    Markets trade near session low amid sharp IT correction led by Infosys, TCS

    At 12.25 pm, Sensex traded 735.83 points or 0.95 per cent lower at 76,674.15, and Nifty 50 fell 204.15 points or 0.84 per cent to 23,963.85.

  17. venerdì 19 giugno 2026·morningstar.com

    Indian IT Stocks Stumble, Following U.S. Peers as AI Angst Resurfaces

    By Kimberley Kao and Fabiana Negrin Ochoa

  18. venerdì 19 giugno 2026·thehindu.com

    Nifty IT stocks dip as Accenture shaves revenue guidance

    Nifty IT index falls 5.6% as Accenture revises revenue guidance amid macro uncertainties and West Asian conflict impacts.

  19. venerdì 19 giugno 2026·gulfnews.com

    Indian stock market meltdown: How Accenture’s warning triggered the selloff

    Indian stock markets tumble as Accenture’s weak guidance sparks IT-led selloff, wiping out recent gains and stoking fears over global tech demand.

  20. venerdì 19 giugno 2026·newsbytesapp.com

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

    Infosys shares plunged 9% to a 52-week low, erasing Rs 40,000 crore in market cap after Accenture's revenue forecast downgrade and fears of reduced IT spending.