Insights
Accenture Warning Triggers IT Rout, Investors Lose Rs 2 Trillion
Lumic
about 3 hours ago
Accenture Warning Triggers IT Rout, Investors Lose Rs 2 Trillion
KEY TAKEAWAYS
Nearly Rs 2 trillion in investor wealth was erased as technology shares fell broadly.
TCS, Infosys, HCLTech, Wipro and Tech Mahindra declined as demand concerns intensified.
Accenture's cautious outlook triggered a sharp selloff across Indian IT stocks on Friday.
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