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VERIFIEDET Markets·negative
Infosys ADRs crash over 8%, Wipro falls 6% after Accenture cuts annual revenue forecast
AI Summary
- ·Infosys ADRs fell over 8% and Wipro ADRs fell 6%.
- ·The decline followed Accenture's reduced FY26 revenue forecast.
- ·This indicates enterprise caution regarding discretionary IT spending.