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#777 Daily Money Show | Stock Market News
Original: # 777 Daily Money Show | Money Purse Stock Market News
Takeaway
Accenture's guidance cut to 1-3% signals continued IT sector pressure into Indian IT Q4 results.
Summary
- Sensex +190 at 72,831; Nifty +84 at 22,960; recovered from negative open
- Auto contributed +32 Nifty points, healthcare +21 points — sectoral leaders
- Accenture cut FY24 revenue guidance from 2-5% to 1-3% — bearish read-through for Indian IT
- March quarter ending; Indian IT Q4 results and management commentary critical to track
accentureITguidance
Original description
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