Accenture weak outlook drags Indian IT stocks: Infosys, TCS fall
Indian IT stocks dropped after Accenture on subdued guidance and bookings, stoking fears over tech demand. Infosys, TCS, and HCL Tech fell up to 2.5%. Nifty IT lost over 1%, with only Persistent in green. Analysts see early pressure but hint at recovery later in the day. Weak deal wins may weigh on FY26 H2 growth.