IT stocks gain after Accenture cites outsourcing strength, TCS, Infosys shares under spotlight

Dec 20 2013, 14:41 IST
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Tata Consultancy Services (TCS) gains 1.3 per cent. Tata Consultancy Services (TCS) gains 1.3 per cent.
SummaryAccenture says it expects its consulting business to turn positively; TCS, Infosys share prices to move up.

Indian software service stocks gain after Accenture Plc said it expected its consulting business to turn the corner as orders rise, building on strength in its outsourcing unit while reporting better-than-expected quarterly results.

Tata Consultancy Services (TCS) gains 1.3 per cent, Infosys up 0.6 percent, HCL Technologies rises 0.7 per cent, Wipro adds 1.2 percent, while Tech Mahindra Ltd surges 2 per cent.

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