IT stocks gain after Infosys earnings beat estimates

Written by Reuters | Updated: Jul 11 2014, 15:07pm hrs
India's software stocks gain after Infosys, India's second-largest software services exporter, posted a 21.6 percent increase in quarterly net profit, beating estimates.

Infosys gains 3 percent, Tata Consultancy Services up 1.4 percent, Wipro is up 1.7 percent, HCL Technologies rises 1.6 percent while Tech Mahindra advances 2.1 percent.