Asian stock markets end five-day winning streak, Indian tech stocks plunge.

Due to multiple market closures and light trading volume, Asian stock markets fell across the board, as investors assess whether the US-Iran peace agreement can continue to be effective. The MSCI Asia Pacific Index fell by up to 1.2%, with Samsung Electronics and BHP dragging down the broader market. The South Korean composite stock price index led the decline in Asian markets, falling by up to 2% at one point. After Accenture Group lowered revenue growth expectations, global tech stocks faced a sell-off, with Indian software companies experiencing sharp declines as well. On Friday, mainland China, Hong Kong, Taiwan, and US markets were all closed for holidays. Investors are closely watching the negotiations on the Tehran nuclear program and whether the ceasefire agreement can hold. Despite falling oil prices, inflation concerns persist, with many central banks, including the Federal Reserve, maintaining a hawkish stance. Ritesh Ganeriwal, investment director at Singapore's Syfe Pte, said, "The market received two important signals this week, but they point in opposite directions. The current signal is clear: even if the war ends, the threat of inflation will not disappear." Infosys fell 8.7%, and Tata Consultancy Services declined by 6.5%, as Accenture's pessimistic outlook exacerbated market concerns over the industry, which has already lost nearly 30% of its market value this year.