Indian IT stocks may react to Accenture's quarterly results
pre-market1 source ↓written by the desknot a recommendation
- but maintained
- 5% revenue growth
- full-year guidance
- 2%-5%
Indian IT companies, including Infosys, TCS, and Wipro, are expected to react on 19 Dec to Accenture's Q1 results, which showed 5% revenue growth but maintained its full-year guidance at 2%-5%. The lack of changes in discretionary demand signals a cautious outlook for the sector. Traders should monitor market sentiment closely as these results unfold.
Not investment advice. For informational purposes only.