IT STOCKS ; IT MAJOR COGNIZANT DROPS 7 % AFTER CO. CUTS GUIDANCE

Cognizant lowers FY26 growth outlook to 4% from 4.4% in constant currency Ceo Says The change in the outlook reflects two sectors where macroeconomic factors, policy uncertainty, oil prices and supply-chain disruptions are causing decision delays and uncertainty among customers. Momentum in these sectors has been lower than we anticipated in July

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