Indian IT stocks tumble as Accenture flags weak outlook
India's Nifty IT index slumped 5.8% on Friday after industry bellwether Accenture forecast quarterly sales below Wall Street view and lowered the upper end of its annual revenue outlook due to weakness in its Middle East business.
India's Nifty IT index slumped 5.8% on Friday after industry bellwether Accenture forecast quarterly sales below Wall Street view and lowered the upper end of its annual revenue outlook due to weakness in its Middle East business.
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