Tag: IT stocks

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Sensex Slumps Over 700 Points As IT Stocks Crash After Accenture Warning; Nifty Slips Below 24,000

Indian equity markets opened sharply lower on Friday, ending a five-session winning streak as heavy selling in information technology stocks weighed on investor sentiment. The decline followed a cautious business outlook from global technology giant Accenture, which sparked concerns about demand trends and discretionary spending in the IT sector.

Sensex Drops 160 Points, Nifty Slips Below 23,650 Amid Oil Price And Inflation Concerns

Indian equity markets ended lower on Friday after a volatile trading session, as rising crude oil prices, rupee weakness, and inflation worries dampened investor...