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Bengaluru, June 19, 2026, 13:52 (IST) Infosys Ltd shares tumbled up to 9% on Friday to ₹1,030, marking a new one-year low, after Accenture cut its outlook and revived doubts about a rebound in corporate tech spending. Nearly ₹40,000 crore was wiped off Infosys’ market cap at the lowest point of the session. (The Economic Times) It’s not just about one stock. India’s $315 billion IT-services industry relies on major overseas clients to keep spending on things like consulting and software upgrades. Pritesh Thakkar, equity analyst at PL Capital, said India’s IT firms don’t have much direct Middle East exposure,

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