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India's Nifty IT ​index (.NIFTYIT) slumped 5.8% ‌on Friday after industry ​bellwether Accenture (ACN.N) ​forecast quarterly sales below ⁠Wall Street ​view and lowered ​the upper end of its annual ​revenue outlook ​due to weakness in ‌its ⁠Middle East business.

Shares of Indian IT companies, ​including ​Tata ⁠Consultancy Services (TCS.NS), Infosys (INFY.NS), ​and HCL ​Technologies (HCLT.NS) ⁠fell between 5% and 7%.