Don’t miss the latest developments in business and finance.

IT stocks gain after Accenture cites outsourcing strength

Image
Reuters
Last Updated : Dec 20 2013 | 10:35 AM IST

Reuters Market Eye - Indian software service stocks gain after Accenture Plc said it expected its consulting business to turn the corner as orders rise, building on strength in its outsourcing unit while reporting better-than-expected quarterly results.

Tata Consultancy Services ltd gains 1.3 percent, Infosys Ltd up 0.6 percent, HCL Technologies Ltd rises 0.7 percent, Wipro Ltd adds 1.2 percent, while Tech Mahindra ltd surges 2 percent.

(Reporting by Abhishek Vishnoi)

More From This Section

First Published: Dec 20 2013 | 10:24 AM IST

Next Story