Accenture’s recent earnings reveal a sharp decline in new bookings and a reduced guidance, sparking concerns about AI’s impact on the IT services industry. While AI isn’t officially blamed, the significant drop in orders suggests a deflationary effect. However, Indian IT firms are expected to remain resilient due to different geographical exposure and operational strengths.
Largecaps look better as smallcaps price in strong growth: Franklin Templeton’s Arihant Jain
Largecap stocks offer a better risk-reward balance than mid- and small-caps as higher growth expectations are already priced into smaller companies, according to Arihant Jain
September 6, 2026