Nifty’s short-term trend remains positive, with a strong breakout above the immediate resistance at 24,500 potentially paving the way for a quick move towards the 25,000 mark. Immediate support is positioned at 24,350, according to Nagaraj Shetti of HDFC Securities.
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