Will Indian Tech Stocks Bounce Back From This Slump?
Indian IT stocks plunged up to 7% after Accenture lowered its revenue growth outlook, triggering renewed fears over weakening global demand in the technology services sector. The sharp fall has raised concerns across markets about whether this is a short-term correction or the beginning of a deeper slowdown in global IT spending. Investors are now watching closely to see if Indian tech majors can recover from the shock or if global headwinds will continue to weigh on earnings and growth prospects.
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