TCS, HCL Tech, Wipro, Infosys to Tech Mahindra - experts bullish on IT shares after Accenture's shift from AI investment
New Delhi, Oct. 19 -- IT stocks to buy for long term: The Indian IT stocks have been on an uptrend after the announcement of Accenture's Q4 results, signalling broader IT spending beyond AI. In one week's time, the TCS share price has risen over 11%, HCL Tech's share price has appreciated around 7.50%, Wipro's share price has shot up around 11%, and Tech Mahindra's share price has skyrocketed around 18%. Meanwhile, Infosys shares are also attracting strong buying interest ahead of its Q2 results 2026 date, which falls this week. Infosys shares have surged nearly 9.50% over the past week.
Pointing towards the key trigger for the Indian IT majors, Seema Srivastava, Senior Research Analyst at SMC Global Securities, said, "Accenture expects ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.