The Middle East conflict is negatively impacting the Indian IT sector, leading to slower client spending and revenue hits for companies like Infosys, Accenture, and Persistent Systems.
2 reports, 2 independent
Updated Aug 1
Gone quiet
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
The Middle East conflict is negatively impacting the Indian IT sector, leading to slower client spending and revenue hits for companies like Infosys, Accenture, and Persistent Systems.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Infosys
Indian multinational technology company
- A market sell-off is underway, causing steep declines in the shares of major IT service providers including Infosys, Wipro, HCL, Larsen & Toubro, and Bharti Airtel.
- On September 28, 2026, the market experienced a crash: Infosys was the only Sensex stock to close higher, while Larsen & Toubro was the biggest loser.
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Accenture
multinational management consulting, technology services and outsourcing company
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Persistent Systems
india-headquartered technology company
Nothing else this week.