 "IT shares trade firm as Accenture raises revenue growth forecast")
Shares of information technology (IT) companies are trading higher by up to 3% on the National Stock Exchange (NSE) in early morning trade after Accenture Plc raised its full-year revenue growth forecast.
Tata Consultancy Services (TCS), Infosys, Hexaware Technologies, Wipro and Tech Mahindra were trading higher between 1% and 3% on the NSE.
At 0935 hours, CNX IT index, the largest gainer among sectoral indices, was up 1.3% compared with 0.32% rise in the CNX Nifty.
Consulting and outsourcing company Accenture Plc raised its full-year revenue growth forecast for the second time as it won more business from companies looking to cut costs and improve efficiency in a tough economic environment, the Reuters report suggests. CLICK HERE TO READ FULL REPORT.
Tata Consultancy Services (TCS), Infosys, Hexaware Technologies, Wipro and Tech Mahindra were trading higher between 1% and 3% on the NSE.
At 0935 hours, CNX IT index, the largest gainer among sectoral indices, was up 1.3% compared with 0.32% rise in the CNX Nifty.
Consulting and outsourcing company Accenture Plc raised its full-year revenue growth forecast for the second time as it won more business from companies looking to cut costs and improve efficiency in a tough economic environment, the Reuters report suggests. CLICK HERE TO READ FULL REPORT.
Among the individual stocks, Hexaware Technologies and Tata Elxsi up 3% each, while Infosys and TCS up 2% each on the NSE.