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Indian IT is a trade, not an investment, and the market just got the memo: Sandip Sabharwal

Accenture's slump signals headwinds for Indian IT, with Sandip Sabharwal viewing them as trading plays rather than long-term investments due to macro and AI threats. While Bata India sees a management change, Sabharwal urges caution, emphasizing execution over announcements. He also dismisses high valuations in the EMS sector, pointing to autos as a potential opportunity.

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channelnewsasia.com2 mesi 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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Timeline cronologica

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…
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…

Indian IT is a trade, not an investment, and the market just got the memo: Sandip Sabharwal

Confronto fonti

Indian IT stocks tumble as bellwether Accenture flags weak outlook

Timeline cronologica

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

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

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

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

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

Indian IT stocks tumble as bellwether Accenture flags weak outlook

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

Accenture's weak bookings raise AI fears, but Indian IT may weather the storm: Sandip Agarwal

Accenture signals caution, but analysts see long-term IT opportunity