{"id":1015839,"date":"2026-06-20T08:50:00","date_gmt":"2026-06-20T03:20:00","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1015839"},"modified":"2026-06-20T09:03:01","modified_gmt":"2026-06-20T03:33:01","slug":"accenture-warning-triggers-it-rout","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/20\/accenture-warning-triggers-it-rout\/","title":{"rendered":"Accenture warning triggers IT rout"},"content":{"rendered":"<p>IT stocks came under heavy selling pressure on Friday after global consulting and technology services major Accenture on Thursday reported weaker-than-expected bookings growth and lowered the upper end of its revenue growth guidance, reinforcing concerns about a prolonged slowdown in discretionary technology spending. <\/p>\n<p>The Nifty IT index fell 3.65%, making it the worst-performing sectoral index of the day. Infosys led losses among large-cap IT firms, declining 6.5%, while Tata Consultancy Services (TCS) dropped 3.06%, HCLTech fell 2.23%, and Wipro ended 1.28% lower. Among mid-caps, LTIMindtree lost 3.95%, Tech Mahindra fell 2.33%, and Mphasis declined 2.94%. Infosys, TCS and HCL Tech were also among the biggest drags on the Sensex.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IT stocks came under heavy selling pressure on Friday after global consulting and technology services major Accenture on Thursday reported weaker-than-expected bookings growth and lowered the upper end of its revenue growth guidance, reinforcing concerns about a prolonged slowdown in discretionary technology spending. The Nifty IT index fell 3.65%, making it the worst-performing sectoral index of the day. Infosys led losses among large-cap IT firms, declining 6.5%, while Tata Consultancy Services (TCS) dropped 3.06%, HCLTech fell 2.23%, and Wipro ended 1.28% lower. Among mid-caps, LTIMindtree lost 3.95%, Tech Mahindra fell 2.33%, and Mphasis declined 2.94%. Infosys, TCS and HCL Tech [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-1015839","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1015839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1015839"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1015839\/revisions"}],"predecessor-version":[{"id":1015860,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1015839\/revisions\/1015860"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1015839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1015839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1015839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}