The 30-share BSE Sensex closed down 284.26 points at 63238.89

Accenture forecast current-quarter revenue in the range of $15.75 billion to $16.35 billion. Analysts on average expect revenue of $16.35 billion, according to Refinitiv data.

The 30-share BSE Sensex closed down 284.26 points at 63238.89

For more such web stories click on the ET icon below

Stocks in focus included names like Shriram Finance, which pared gains after hitting a fresh 52-week high, KEI Industries, which rose nearly 5%, and Swan Energy, which rose nearly 8% with a rise in volumes on Thursday.

The Nifty Auto index closed 0.51 per cent down at 14702.1.

Five companies, Ganesh Housing Corporation Ltd, Transport Corporation of India Ltd, Bandhan Bank Ltd, Varroc Engineering Ltd, and Kalyan Jewellers India Ltd, have recently formed a Golden Crossover pattern on the technical charts, making them potential investment opportunities. A Golden Crossover indicates a stock's trend is shifting positively from bearish to bullish, providing an opportunity for technical analysts. However, investors should conduct due diligence on these companies' financial health, market conditions, growth prospects, and competitive positioning before making investment decisions. Past performance is not necessarily indicative of future results.

Indian benchmark index Nifty formed a bearish candle on the daily chart, indicating a short-term reversal pattern on the downside. It ended with an 85.6-point loss at just one point below its previous peak. The index should hold above 18,777 zones to witness upward movement towards 18,888 then 19,000 zones. Analysts predict immediate trading support at 18,710 and 18,666 zones. The broader trading range is expected between 18,550 and 19,000 zones. Technical analysts suggest support zones at 18,700-18,660 and a resistance zone at 18,880-18,900.