India, June 18 -- Indian shares are seen opening on a cautious note on Friday, even as underlying sentiment may remain underpinned by easing geopolitical tensions and signs of improving foreign capital inflows.
IT stocks may come under heavy selling pressure after Accenture narrowed its revenue growth guidance to 3-4 percent from 3-5 percent estimated earlier in constant currency terms.
In its earnings call, the company warned that client budgets have not been increasing, even with AI.
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