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TSX:TVE 25 May 2026

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  • Accenture Triggers Sharp Drop in IT Stocks on Dalal Street; Investors Shed Rs 2 Trillion
    June 19, 2026, 12:58 AM EDT. Accenture's weak demand outlook has sparked a significant sell-off in Indian IT stocks, leading to a combined market value loss of Rs 2 trillion. The decline underscores investor fears about the broader sector's growth prospects amid signs of reduced demand for IT services. This sell-off has intensified concerns on Dalal Street about potential challenges facing India's IT firms, highlighting the sector's vulnerability in the current market environment.

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Kardigan pops in first Nasdaq trading after $400 million IPO

Kardigan pops in first Nasdaq trading after $400 million IPO

19 June 2026
Kardigan surged 37.5% above its $16 IPO price to close at $22 after raising $400 million in an upsized Nasdaq debut, signaling renewed investor appetite for large biotech IPOs as the company advances three late-stage cardiovascular drug candidates.
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