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IT shares gain; Accenture raises profit guidance

Reuters
Workers are pictured beneath clocks displaying time zones in various parts of the world at an outsourcing centre in Bangalore February 29, 2012. REUTERS/Vivek Prakash/Files

Reuters Market Eye - India's software exporters gain after global rival Accenture Plc (NYS:ACN - News) on Thursday raised its full-year profit forecast and the lower end of its revenue forecast.

That helps bring some relief after Tata Consultancy Services Ltd (NSI:TCS.NS - News) and Infosys Ltd (NSI:INFY.NS - News) warned about their quarterly revenue growth in recent weeks.

HCL Technologies Ltd (NSI:HCLTECH.NS - News) surges 1.8 percent and Infosys is up 0.6 percent.

(Reporting by Abhishek Vishnoi)