The Nifty IT index slumped over 6% to a three-year low after Accentures guidance cut triggered a sharp sell-off in Infosys, TCS, HCLTech and other IT stocks. While some experts see valuations turning attractive after the correction, others remain cautious amid AI-led disruption and slowing growth prospects.

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…

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…

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…

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.