Infosys ADRs fell nearly 10% due to Accenture's weak guidance, and the stock has potential to fall another 7%, which could drag the Nifty down by 70-75 points.
Source Post
Pre Market Report 19-Jun-2026
Jun 19, 2026
The creator discusses the impact of Accenture's poor forward guidance on Indian IT stocks, specifically Infosys, TCS, Tech Mahindra, Wipro, and HCL Technologies. Accenture's stock fell 17-18% after its results, causing Infosys ADRs to drop nearly 10%. This sector-specific issue is expected to drag the Nifty down by 100-150 points today, with Infosys alone potentially causing a 70-75 point fall.
Linked Mentions
Tickers discussed in this post
Linked Signals
Tracked calls opened from this post
INFYsell opened Jun 19, 2026
-8.70%