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Sensex tumbles 786 points in early trade after five-day rally as IT drag

A screen displays an image of U.S. President Donald Trump at the Bombay Stock Exchange (BSE) in Mumbai, India. (Photo: Reuters

Mumbai, Jun 19 (PTI) Stock market benchmark indices Sensex and Nifty tumbled in early trade on Friday after a five-day rally, dragged by heavy selling in IT firms following revenue growth guidance cut by Accenture. The 30-share BSE Sensex tanked 786.58 points to 76,624.90 in early trade. The 50-share NSE Nifty declined 210.95 points to 23,959.80. From the 30-Sensex firms, Infosys dived over 8 per cent, Tata Consultancy Services tumbled 6 per cent, Tech Mahindra traded 5 per cent lower and HCL Tech declined 4.9 per cent. HDFC Bank and Tata Steel were also among the laggards. NTPC, Bharti Airtel,

Rupee rises 20 paise to 94.20 against US dollar in early trade

Mumbai, Jun 19 (PTI) The rupee appreciated 20 paise to 94.20 against the US dollar in early trade on Friday on optimism that trade negotiations between India and the United States are set to gain momentum. Forex traders said the rupee opened on a positive note with oil prices remaining supportive and foreign inflows improving. The overall bias remains positive for the rupee, they said. Moreover, Indian Foreign Secretary Vikram Misri on Thursday said trade was a major subject of discussion between Prime Minister Narendra Modi and US President Donald Trump, with both leaders directing their negotiators to finalise the

Indian IT stocks tumble as Accenture flags weak outlook

BENGALURU, June 19 (Reuters) – India’s Nifty IT ​index slumped 5.8% ‌on Friday after industry ​bellwether Accenture ​forecast quarterly sales below ⁠Wall Street ​view and lowered ​the upper end of its annual ​revenue outlook ​due to weakness in ‌its ⁠Middle East business. Shares of Indian IT companies, ​including ​Tata ⁠Consultancy Services, Infosys ​and HCL ​Technologies ⁠fell between 5% and 7%.

There are many questions about the Iran deal. Here are some answers

WASHINGTON, June 19, 2026 (AP) — The agreement struck between the United States and Iran aims to end the war, reopen the Strait of Hormuz, ease sanctions on the Islamic Republic and relaunch nuclear talks with a 60-day deadline. But the brief document signed by U.S. President Donald Trump and Iranian President Masoud Pezeshkian is vague on some of the major questions left by the three-month regional conflict that jolted the world economy. The U.S. says some outstanding issues will be worked out over the 60 days. Here are some of the main questions, and the best answers available at

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