TCS, Infosys, Wipro and other IT stocks in focus after Accenture's Q1 revenue beat and upgraded guidance

Accenture's strong Q1 earnings, driven by AI demand, boosted Indian IT stocks like Infosys and Wipro in US markets. Despite earlier losses due to the Fed's hawkish stance, the positive outlook signals potential growth for the sector. The company raised its annual revenue growth guidance, exceeding earlier projections.