Archive · 5 Oct 2026
Experts Highlight Indian IT Stocks After Accenture Results
Accenture reported better-than-expected results, and some experts think this could help Indian IT company shares.
Infosys and Wipro shares rose on the New York Stock Exchange after the news.
Anuj Gupta pointed to five IT companies that were among stocks ending Thursday in positive territory.
He expects those shares could rise when Indian markets reopen, though this is a prediction, not a certainty.
Mahesh M. Ojha offered a different list of companies he thinks may do well.
Both experts highlighted companies with substantial business from the United States.
The article also describes the Nifty FPI heatmap as one tool investors can use to study foreign-investor trading.
Investors should understand that experts’ forecasts and stock movements are not guaranteed.
Accenture’s better-than-expected results led experts to anticipate stronger interest in Indian IT shares.
Infosys and Wipro shares rose nearly 6% and over 6%, respectively, on the NYSE after the results were announced Wednesday.
Anuj Gupta identified Mphasis, Coforge, Infosys, TCS and Persistent Systems among IT stocks that stayed positive during Thursday’s sell-off.
Mahesh M. Ojha said Sagility, Birlasoft, Mphasis, Persistent Systems and LTIMindtree could outperform, citing their US business exposure.
Experts said a majority of Indian IT companies’ business comes from the US, while noting that the Nifty FPI heatmap may help investors assess potential interest.
- Who
- Market experts Anuj Gupta and Mahesh M. Ojha discussed Indian IT stocks.
- What
- They identified different groups of Indian IT stocks they expect could outperform after Accenture reported better-than-expected results.
- When
- The article refers to Accenture’s results being announced Wednesday, a Thursday market sell-off, and Indian stocks reopening Monday.
- Where
- Indian IT stocks and shares traded on the New York Stock Exchange.
- Why
- Experts cited Accenture’s results, Indian IT companies’ US business exposure, and foreign-investor activity shown by the Nifty FPI heatmap.
Anuj Gupta's selection
Mahesh M. Ojha's selection
Which stocks may outperform
Anuj Gupta's selection
Gupta highlighted Mphasis, Coforge, Infosys, TCS and Persistent Systems, which he said were among IT stocks positive on the Nifty FPI heatmap.
Mahesh M. Ojha's selection
Ojha highlighted Sagility, Birlasoft, Mphasis, Persistent Systems and LTIMindtree, citing their US business exposure.
How to identify potential strength
Anuj Gupta's selection
Gupta pointed to the Nifty FPI heatmap and Indian IT stocks listed on the NYSE as ways to assess likely performance.
Mahesh M. Ojha's selection
Ojha emphasized companies deriving more than 50% of their business from the US.
- Anuj Gupta's five stocks
- Mphasis, Coforge, Infosys, TCS and Persistent Systems
- Mahesh M. Ojha's five stocks
- Sagility, Birlasoft, Mphasis, Persistent Systems and LTIMindtree
- Infosys on the NYSE
- Finished close to 6% higher after Accenture's results were announced.
- Wipro on the NYSE
- Ended over 6% higher after Accenture's results were announced.
- Nifty FPI index heatmap
- Of 50 stocks cited in the article, 20 ended in positive territory on Thursday; five were IT stocks.
- US business exposure
- The article says Indian IT companies receive more than 50% of their average business from the US.
- Nifty India FPI 150 Index
- Gupta described it as tracking 150 accessible and investible stocks from the Nifty 500, tailored for foreign portfolio investors.