Accenture

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Infosys, Wipro ADRs Jump as Accenture Outlook Reassures Investors on Tech Spending

Infosys and Wipro American depositary receipts surged in U.S. premarket trade after Accenture issued a stronger-than-expected annual revenue growth forecast, easing investor anxiety over a slowdown in global technology spending. The update lifted sentiment across Indian IT exporters, with steady demand in consulting, managed services and artificial intelligence helping offset broader macro uncertainty.

By RDU Global Wire5 min read

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