HCL Tech stock

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Indian IT Stocks Slump Following Accenture’s Disappointing Q2 Results

2025-03-21 Niranjan Ghatule

This article covers the sharp decline in Indian IT stocks following Accenture's weak Q2 earnings and reduced U.S. government spending. It highlights how major Indian IT firms like Infosys, TCS, HCL Tech, Wipro, and Tech Mahindra became the top losers on the NSE, dragging down the Nifty IT index. The article explains the reasons behind the fall, including concerns over slowing IT spending

Indian IT Stocks Slump Following Accenture’s Disappointing Q2 Results

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