IT stocks volatile post Accenture earnings; what should investors do?
The Nifty IT index traded volatile on Friday. Accenture's weak performance and outlook raise concerns about the Indian IT sector. Kotak Institutional Equities expects weakness in discretionary spending and a negative impact on Tech Mahindra and Wipro.
The Nifty IT index traded volatile on Friday with the index falling over a per cent in the morning trade and then rising about half a per cent.
Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!Let’s get started