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News18

Accenture’s FY27 3%-6% revenue outlook lifts Infosys, Wipro and Cognizant shares as stock jumps 22%

AI Market Summary
Accenture's FY27 revenue growth guidance (3%-6%) and stronger Q4 bookings beat expectations, triggering a sharp re-rating across IT services as AI-disruption fears eased. The rally spilled over to peers (Infosys, Wipro, Cognizant, IBM), signaling resilient enterprise tech spending and rising demand for AI implementation and consulting. Near-term, this supports sector risk appetite, though pricing pressure suggests margins remain a key watch.
Impact level
● Medium
Affected assets
NCSKACN2USD/USDT-0.97%
AI Insight · NCSKACN2USD/USDTAI Insight
▲ Bullish
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Accenture issued fiscal 2027 revenue growth guidance of 3%-6%, with the midpoint above market expectations, and reported a 4% rise in Q4 bookings to $22.17 billion. Accenture shares surged 22% in a single session. The move boosted U.S.-listed Infosys and Wipro by 6%-7%, while Cognizant rose about 8% and IBM added around 3%.
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.
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