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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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4 prospettive sulla stessa storiaTimeline cronologica
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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…
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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…
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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…
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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…
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Accenture's weak bookings raise AI fears, but Indian IT may weather the storm: Sandip Agarwal
Accenture's recent earnings reveal a sharp decline in new bookings and a reduced guidance, sparking concerns about AI's impact on the IT services industry. While AI isn't…
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Accenture signals caution, but analysts see long-term IT opportunity
Accenture's earnings signal tough times for IT services. Indian IT firms face weak demand and cautious client spending. While valuations are low, a gradual recovery is expected.…
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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…
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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.
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IT nightmare on loop, Accenture's 20% fall highlights AI disruption
Indian tech stocks experienced a sharp decline Friday, mirroring a significant drop in global IT giant Accenture due to weaker-than-expected revenue and order forecasts. The Nifty…
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India's IT sector facing a growth crisis; Daljeet Kohli says he's already walked away
India's IT sector faces uncertainty as global slowdown and AI fears spook investors. Market expert Daljeet Kohli advises caution, citing a lack of growth and difficulty in…