IT nightmare on loop, Accenture's 20% fall highlights AI disruption (opens original article in a new tab)

Indian tech stocks declined sharply as Accenture's 20% fall highlighted AI-driven disruptions, with analysts noting attractive valuations but uncertain growth prospects.

• Indian tech stocks fell sharply, with Nifty IT index down 6.4% during the day
• Accenture's 20% drop reflected weaker revenue forecasts and AI-driven disruptions
• Analysts suggest attractive valuations but uncertain growth amid AI advancements