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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.

Raccontata dathehindu.comthehindubusinessline.comeconomictimes.indiatimes.comchannelnewsasia.comcnbc.comtimesofindia.indiatimes.com

Confronto fonti

6 prospettive sulla stessa storia
AI · summaries
thehindu.comStai leggendo13 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.

originale
economictimes.indiatimes.com14 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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timesofindia.indiatimes.com12 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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thehindubusinessline.com13 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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channelnewsasia.com13 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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cnbc.com13 h fa

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.

Leggi questa versione → originale

Timeline cronologica

  1. mercoledì 17 giugno 2026·thehindu.com

    Stock markets extend rally in early trade on drop in crude oil prices

    Stock markets rally as Brent crude prices drop, boosting investor confidence and supporting earnings growth across sectors.

  2. giovedì 18 giugno 2026·thehindu.com

    Stock markets recover early lost ground; trade higher

    Stock markets rebound as Sensex gains 108.95 points and Nifty rises 44.25 points amid easing geopolitical tensions and oil prices.

  3. giovedì 18 giugno 2026·thehindubusinessline.com

    Sensex, Nifty advance cautiously amid IT sell-off, gains in defence, banking stocks lend support

    Equity benchmarks traded with a cautious positive bias in afternoon deals on Thursday as losses in IT stocks capped gains despite favourable cues from softer crude oil prices,…

  4. 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…

  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

    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…

  7. 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…

  8. 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.

  9. 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.

  10. 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

  11. 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…

  12. 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.

  13. 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.

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

    Stock market today: Sensex closes over 600 points down, Nifty50 above 24,000 - not just IT stocks, HDFC Bank & RIL also drag down indices

    Stock market breaks winning streak: Indian equity benchmark equity indices, BSE Sensex and Nifty50, snapped their five-session winning streak on Friday, with the Sensex shedding…

  15. venerdì 19 giugno 2026·thehindubusinessline.com

    Sensex, Nifty snap 5-day rally amid IT sell-off, global uncertainties

    Sensex and Nifty end five-day rally, pressured by IT sell-off amid global uncertainties, with significant declines in key indices.

  16. venerdì 19 giugno 2026·thehindu.com

    Sensex dives over 600 points after five-day rally dragged by IT stocks

    Sensex falls over 600 points after five-day rally, led by declines in IT stocks amid profit booking and geopolitical concerns.