Sensex tumbles 786 points after five-day rally as IT stocks drag
Indian stock markets experienced a sharp decline, with the Sensex falling 786 points following a five-day rally. The drop was primarily driven by heavy selling in IT stocks after Accenture lowered its revenue growth guidance.
Why it matters
Global market volatility is often triggered by shifts in major tech sector guidance, impacting investor confidence in emerging markets like India.
Stock market benchmark indices Sensex and Nifty tumbled in early trade on Friday (June 19, 2026) after a five-day rally, dragged by heavy selling in IT firms following revenue growth guidance cut by Accenture.
The report is a standard financial news summary based on market data and analyst quotes without editorializing.
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