Tag: flags weak
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India’s Nifty IT index at three-year low as bellwether Accenture flags weak outlook
BENGALURU, June 19 : India’s Nifty IT index fell to a three-year low on Friday after bellwether Accenture forecast quarterly sales below Wall Street view, cut its annual revenue outlook and reported softer bookings in its managed services business.Shares of Indian IT companies, including TCS, Infosys, and
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Indian IT stocks tumble as bellwether Accenture flags weak outlook
BENGALURU, June 19 : India’s Nifty IT index slumped 5.6 per cent on Friday after industry bellwether Accenture forecast quarterly sales below Wall Street view and lowered the upper end of its annual revenue outlook due to weakness in its Middle East business.Shares of Indian IT companies, including Tata Co
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