Accenture effect! Infosys, Tech Mahindra, other IT stocks rally up to 4%

  • Posted on September 27, 2024
  • By Business News Today
  • 2 Views
Accenture effect! Infosys, Tech Mahindra, other IT stocks rally up to 4%

Shares of Indian IT companies like Infosys, Wipro, and Tech Mahindra surged up to 4% after Accenture's strong Q4 results and increased revenue guidance for FY25. Analysts expect growth to improve in FY26, driven by factors such as interest rate cuts and potential changes in US corporate decision-making post-2024 elections.
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