Infosys stock heads into the week after Accenture news hits Nifty IT
Infosys plunged 6.75% to ₹1,051.40 after Accenture cut its fiscal 2026 revenue growth outlook, triggering a sector-wide selloff that sent Nifty IT to a three-year low; investors are reassessing Indian IT stocks as hopes for a demand recovery fade, with analysts warning that slow growth and delayed client spending could keep valuations under pressure ahead of Infosys’ July 23 earnings.