Indian IT stocks witnessed a sharp selloff on Friday morning after global consulting and technology giant Accenture issued a cautious outlook, triggering fears that demand across the technology services sector remains weaker than expected.
India's stock market has achieved a significant milestone once again, with the combined market capitalisation of all companies listed on the BSE crossing the $5 trillion mark. The achievement comes amid improving investor sentiment following easing geopolitical tensions and a sharp decline in global crude oil prices.