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TCS Shares Drop 3.6% After Accenture Warning Hits Nifty IT Sector

MUMBAI, June 20, 2026, 22:36 (IST) Tata Consultancy Services shares tumbled ₹78.30 to ₹2,125 on Friday, posting their sharpest single-day drop of the week. The stock had climbed through Wednesday but lost ground after Friday’s decline erased earlier gains. TCS ended the week 1.7% off last week’s close. (Equitypandit) Accenture was the trigger. The company’s results are seen as an early read on global tech budgets for TCS and its Indian peers. Accenture cut its annual revenue growth outlook to 3%-4% in local currency from a previous 3%-5% range. That measure strips out moves in exchange rates. (Accenture Newsroom) The

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