Registration of gross SIP accounts, the preferred route for small investors to invest in equities, rose to a record of 6.36 million in April, data from the Association of Mutual Funds in India (AMFI) showed.
Accenture shares tank 11% despite beating Q3 revenue estimates. Infosys ADRs fall 3%
Accenture’s shares plummeted despite exceeding third-quarter revenue expectations, driven by AI-related service demand. The company faces challenges from reduced U.S. federal contracts. Consequently, Indian IT