1Accenture’s Guidance Cut Sends Shockwaves Through Indian IT Sector: Stocks Plunge Amidst Uncertainty
Accenture lowers revenue guidance, impacting Indian IT Sector. Nifty IT index drops over 3%, major stocks see steep declines. Analysts express concerns over pace of revenue recovery. Accenture’s struggles reflect global economic uncertainty. Nomura remains cautious, bullish on select companies. Contrary opinions suggest minimal impact on Indian IT firms. Market volatility underscores sector’s susceptibility to … Read more