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IT stocks gain after rival Accenture's results

Shares of Tata Consultancy Services (TCS) gained 1.1 per cent while Infosys stocks rose 0.7 per cent.

Photo: Reuters Photo: Reuters

IT stocks gained on Thursday in the early trade on Bombay Stock Exchange (BSE) after global rival Accenture said it expects better profitability this fiscal year.

Shares of Tata Consultancy Services (TCS) gained 1.1 per cent while Infosys stocks rose 0.7 per cent. On similar lines, Tech Mahindra stocks surged 0.8 per cent. Stocks of HCL Technologies were also up 0.5 per cent in the early session.

(Reuters)