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Infosys to TCS, HCL Tech: Indian IT stocks crash as Accenture trims revenue guidance; Nifty IT index down 6.5%

As reported by mint - markets
All Nifty IT constituents were also in the red. Infosys was the top dragger, down 7.5%, followed by Mphasis, Tech Mahindra, Persistent Systems and TCS, all declining over 6% each. Meanwhile, HCL Tech, Coforge, LTM also shed over 5% each
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Indian IT stocks, including major Nifty IT constituents like Infosys, TCS, and HCL Tech, experienced a significant crash today. This market downturn was triggered by Accenture's decision to trim its revenue guidance. As a result, the Nifty IT index plummeted by 6.5%, with…

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