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Irish professional services company
Accenture plc is a technology consulting company headquartered in Dublin, Ireland. Founded in 1989 in the United States, Accenture provides information technology and management consulting services across 120 countries globally.
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Indian multinational technology company
Infosys Limited is an Indian multinational technology company that offers information technology, business consulting, and outsourcing services. Founded in 1981 by seven engineers, the company is headquartered in Bengaluru and considered one of the Big Six Indian IT companies.
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TCS and Accenture are two of the top two global IT giants, operating in similar verticals. While Accenture shares have witnessed a sharp rebound from lower levels, the Indian peer continues to face selling pressure.
IT stocks today: IT stocks are likely to remain in focus following Thursday evening’s developments around H-1B visas and TCS’s September-quarter results, which marginally surpassed market expectations.
Indian IT Sector Stocks Today: Shares of Infosys, TCS, Wipro, and HCLTech are under intense market focus today as investors navigate fresh US PERM visa restrictions, OpenAI revenue reports, and TCS