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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.

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

Infosys falls 9% (₹1,030/share, new 52-week low) after Accenture cuts guidance, signaling contraction in discretionary IT spending from North America. Rising US rates (38% Fed hike probability by Dec) will compress enterprise budgets for digital transformation and AI—critical for Indian IT firms' growth.

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giovedì 18 giugno 2026·economictimes.indiatimes.com
Infosys ADRs crash over 8%, Wipro falls 6% after Accenture cuts annual revenue forecast
Infosys and Wipro ADRs plunged following Accentures reduced FY26 revenue forecast. This downgrade highlights enterprise caution regarding discretionary IT spending, impacting…
giovedì 18 giugno 2026·cryptobriefing.com
Accenture shares plunge 18% on lowered revenue outlook
Accenture stock dropped up to 19% after cutting its full-year revenue growth forecast to 3-4%, citing $400 million in Middle East sales disruptions.

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

Confronto fonti

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

Timeline cronologica

Infosys ADRs crash over 8%, Wipro falls 6% after Accenture cuts annual revenue forecast

Accenture shares plunge 18% on lowered revenue outlook

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

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Nifty IT stocks dip as Accenture shaves revenue guidance

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

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