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Indian IT stocks glitter on the back of upbeat Accenture results

Jun 29, 2020 - ICT Monitor Worldwide

Shares of Indian IT companies glittered in the trade as Accenture posted better than expected Q3 results and management commentary. Infosys gained +6.6%, TCS +4.9%, Wipro +3%, HCL Tech +2.3%, Tech Mahindra +0.8% in trade.

Nifty IT index was the top sectoral gainer, up +4% in the trade this is far higher when compared to Nifty which gained 0.9% in trade. All IT stocks in the Nifty IT index ended in the green. Infosys was top gainer on Nifty index.

Accenture posted better than expected...