Shares of Infosys, TCS, Wipro, Tech Mahindra, HCLTech and other Indian IT companies are likely to remain in focus on Monday after Accenture forecast full-year revenue growth above Street expectations, easing some concerns over weakness in demand across the global technology services sector.
Last week, Infosys ADRs gained about 8%, while Wipro ADRs rose 3%, tracking the positive reaction to Accenture's results and guidance.
