IT shares fall as Accenture cuts outlook

Reuters Market Eye - Shares of Indian technology companies fall after outsourcing and consulting services provider Accenture Plc cut its full-year outlook, citing a pullback in spending by its consulting business clients.

Infosys falls 0.7 percent, Wipro is down 0.6 percent, while Tata Consultancy Services, which has its annual meet later in the day, was down 0.1 percent.

The U.S. Senate approved a landmark immigration bill on Thursday, which is seen by some investors as hurting Indian IT companies by proposing higher fees and wages for temporary U.S. workers.

The Indian rupee also gained on Friday breaching below 60 to the dollar.

(Reporting by Abhishek Vishnoi)