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TCS, Wipro, Infosys, HCL Tech: Why experts see IT stocks' price jump on Monday — What's giving the boost?

1 source · first seen 14:25 2 Oct · updated 14:25 2 Oct

The brief

Written from 1 report · check the source before you trade
  • Experts see Accenture’s better-than-expected results as a positive for Indian IT majors
  • Accenture’s results may support sentiment for Indian IT services stocks, including TCS, Infosys and Wipro

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Accenture12 todayIT services19 todayIT demand10 todayTCS₹2,075.00 · 6 todayWipro₹159.35 · 8 todayInfosys₹1,035.00 · 9 todayHCL Technologies₹1,243.10 · 1 today

Linked by the tag Accenture

14 stories this week
  1. 2 OctExplained - What do the Accenture results mean for Indian IT companiesResults · 1 source · Infosys and Wipro ADRs gained over 6% after Accenture's results
  2. 1 OctAccenture expects higher AI spending by clients as token costs fallResults · 1 source · Accenture expects higher client AI spending as token costs fall; its shares rose 22% in New York
  3. 1 OctAccenture’s managed services momentum offers positive signals for Indian ITResults · 1 source · Accenture reported quarterly revenue of $18.7 billion, up 6% in US dollars and 7% in local currency
  4. 1 OctAccenture expects to hire in every market in FY27 as AI lifts revenue per employeeResults · 2 sources · Accenture expects to hire in every market next year, though hiring will slow in FY27
  5. 1 OctAccenture Results Spark IT Sector Rally; Cognizant, Salesforce, IBM Surge Up To 12%Results · 2 sources · Accenture shares surged 22% after stronger-than-expected fourth-quarter results and a positive fiscal 2027 outlook
All Accenture stories →

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1 report · earliest 14:25
MintTCS, Wipro, Infosys, HCL Tech: Why experts see IT stocks' price jump on Monday — What's giving the boost?14:25