Infosys, TCS, HCLTech crash up to 9%: Why are IT stocks under pressure today?
Indian IT stocks fell sharply after Accenture lowered the upper end of its annual revenue growth forecast. The sell-off has renewed concerns over weak discretionary spending, slower deal conversion and the pace of demand recovery.
Indian IT stocks fell sharply after Accenture lowered the upper end of its annual revenue growth forecast. The sell-off has renewed concerns over weak discretionary spending, slower deal conversion and the pace of demand recovery.
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