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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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.