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Infosys Drops 5.8% for the Week as Accenture Forecast Weighs on Indian IT Stocks

Bengaluru, June 21, 2026, 19:38 IST Infosys came into Monday trading close to its lowest in almost six years after taking a hit from Friday’s tech rout. The stock dropped up to 9% to 1,030 rupees on the BSE before recouping some of the slide, wiping out nearly 400 billion rupees in market value at the low. (The Economic Times) Accenture’s results set off the move. The consulting giant trimmed its 2026 revenue growth target in local currency to 3%-4%, down from the earlier 3%-5% range. Bookings for the quarter dropped 2% to $19.3 billion. Discretionary tech spending is still

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