IT stocks in focus: What Accenture Q4 results signal for Indian IT? Experts recommend top stocks to buy

Most IT stocks witnessed strong traction in morning trade on Friday, September 27, which boosted the sectoral index Nifty IT by almost 3 per cent, buoyed by better-than-expected Q4FY24 results and healthy FY25 revenue growth guidance of global IT player Accenture. Accenture follows a September-August financial year.

Several IT stocks, including Coforge, HCL Technologies and Persistent Systems hit their fresh 52-week highs. Around 11:35 am, the Nifty IT index was up by a per cent, with all components in the green.