Tata Consultancy Services Limited is trading 6% down at $2073.50, experiencing a sharp pullback. - The decline is largely driven by a broader sell-off in the IT sector after Accenture lowered its revenue growth forecast and projected sales below estimates today. - Ongoing global interest rate concerns and Federal Reserve hike risks continue to weigh heavily on technology stocks. - This comes as the stock gives back gains from a mid-June rally, partly attributed to a multi-year deal with Elopak.