Consulting major Accenture's higher guidance for the full year as well as the second quarter has sent the share price higher by more than 7% in the US market, also rubbing off on the ADRs of Indian IT companies Wipro and Infosys, which are up by 2.3% and 3% respectively in early trade on December 19 at the New York Stock Exchange.Headwinds relating to the currency market and worries over governmen...

Shares of domestic information technology companies bucked the muted market trend and rose in early trade on December 20, tracking cues from the world's biggest IT company--Accenture's better-than-expected quarterly revenue and guidance upgrade.Drawing optimism from Accenture's upward revenue revision, Infosys and Wipro's American Depository Receipts (ADRs) on the NYSE jumped 2-3 percent overnight...

Check out the latest brokerage calls and analyst comments on the stocks in action today. Our coverage includes IT stocks, Sagility, SRF, and more.Jefferies On ITAccenture's Strong Q1 Rev, Led By Large Deals Ramping Faster Than Expected Is PositiveDespite An Unchanged Demand Environment, Accenture Posted Strong Net HiringStrong Hiring With Declining Utilisation Suggests Improving Revenue Visibility...

Morgan Stanley On Reliance IndustriesOverweight Call, Target At `1,662/ShCo Has Made An Unexpected Acquisition Of A Stake In Helium Operations In USAcquisition In US Is Small However It Highlights Co’s Strategic InitiativesCo’s Strategic Initiative Is To Expand Into Low Carbon Solutions & Also Developing AI Supply ChainBernstein On Jubilant FoodOutperform Call, Target At `700/ShJubilant Needs ...

Ambuja Cements' entry into the high-priced Kerala and Tamil Nadu markets won't be disruptive just yet, according to a report by analysts at brokerage Nomura.The analysts wrote that the incumbents are well-placed and that they do not expect any pricing pressure immediately. The incumbents include Ramco Cements.  In its  April 16 report, Nomura issued a reduced call on Ambuja Cements, with a targe...