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

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

Accenture cut FY guidance, triggering 0.78% Sensex drop (607 pts), 3.57% IT decline; Infosys -6.69%, TCS -3.53%. This signals IT service demand weakness, pressuring enterprise transformation budgets; geopolitical tension adds to margin squeeze across vendors.