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Asian Market Updates

Indian Shares Decline As IT Stocks Slump On AI-led Disruption Worries

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Indian shares fell notably on Friday, with benchmark indexes Sensex and Nifty snapping their five-day winning streak, as doubts emerged over U.S.-Iran talks aimed at ending the Middle East conflict and Accenture cut its FY26 guidance, sending IT stocks tumbling.

The Swiss Foreign Ministry said that U.S. talks with Iranian negotiators on a pact to end the Middle East conflict have been postponed.

U.S. Vice President JD Vance has delayed his planned trip to Switzerland and Tehran also held back from the planned talks after at least 16 people were killed in Israeli airstrikes across southern Lebanon overnight.

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Market Analysis

Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.