Accenture’s Guidance Triggers AI-Driven Sell-Off in IT Sector
Accenture’s guidance and commentary have triggered a significant sell-off in the IT sector, with the Nifty IT index plummeting 6.4% in a single day. The company’s stock price fell 20%, its worst performance in trading history. Investors are advised to wait for Q1 commentary before deploying funds in the IT sector.
