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TCS Drops 3.6% After Accenture Flags Weakness; Nifty IT Hits 3-Year Low

Mumbai, June 20, 2026, 02:35 (IST) Tata Consultancy Services shares fell 3.56% to ₹2,125 on Friday, hitting a low of ₹2,059.90 during the session. Trading volume jumped to 13.29 million shares from 3.74 million on Thursday as more sellers joined the drop. For the week, the stock ended down around 1.7%. (Investing.com) Accenture cut its full-year local-currency growth forecast to 3%–4% from 3%–5%. The company, often seen as a bellwether for enterprise tech spending, reported quarterly bookings down 3% in local currency to $19.32 billion. Revenue was up 3% to $18.72 billion. Accenture Chair and CEO Julie Sweet said “demand

The post TCS Drops 3.6% After Accenture Flags Weakness; Nifty IT Hits 3-Year Low appeared first on India Stocks Daily.

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