Stock market today: Which are the top gainers and losers in BSE Sensex and Nifty50 today? Check list
Indian markets snapped a five-day winning streak on Friday, with the Sensex and Nifty closing lower.
A sharp selloff in IT stocks, sparked by Accenture's reduced growth forecast, and renewed geopolitical concerns weighed on investor sentiment.
The postponement of US-Iran peace talks added to the caution, prompting profit-booking after a recent rally.
Accenture Cuts Outlook, Tech Stocks Slump
- Accenture cuts revenue forecast, shares slide 17% Times Of India —
- Accenture warning sparks IT rout: Are tougher days ahead for Indian tech? The Indian Express —
- Stock market today: Sensex closes over 600 points down, Nifty50 above 24,000 - not just IT stocks, HDFC Bank & RIL also drag down indices Times Of India —
- Indian IT stocks fall as much as 8% after Accenture slashes revenue guidance The Indian Express —