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Infosys, Wipro ADRs crash up to 10% overnight; IT stocks set for weak start after Accenture’s guidance cut

CJPN24 AI Desk••Updated 1 day ago•2 min read
Infosys, Wipro ADRs crash up to 10% overnight; IT stocks set for weak start after Accenture’s guidance cut
Infosys, Wipro ADRs crash up to 10% overnight; IT stocks set for weak start after Accenture’s guidance cut
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Key Points

  • Accenture shares plunged nearly 18 percent o...

Indian IT stocks are likely to remain under pressure on Friday after a sharp overnight sell-off in Accenture and weakness in Indian IT ADRs reinforced concerns about a slow recovery in technology spending.

Accenture shares plunged nearly 18 percent o...

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Source: Moneycontrol.com

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