{"id":317212,"date":"2026-10-19T15:35:38","date_gmt":"2026-10-19T10:05:38","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=317212"},"modified":"2026-10-19T15:35:38","modified_gmt":"2026-10-19T10:05:38","slug":"what-to-do-with-it-stocks-tcs-hcl-tech-wipro-infosys-tech-mahindra-why-experts-are-bullish-after-accenture-news","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/what-to-do-with-it-stocks-tcs-hcl-tech-wipro-infosys-tech-mahindra-why-experts-are-bullish-after-accenture-news\/","title":{"rendered":"What to Do With IT Stocks? TCS, HCL Tech, Wipro, Infosys, Tech Mahindra: Why Experts Are Bullish After Accenture News"},"content":{"rendered":"

IT stocks have risen about 11% since Accenture’s 1 Oct 2026 results, with the Nifty IT index at 31,427 at 3:24 PM IST on 19 Oct against 28,305 on 1 Oct (my calculation). Monday was mixed: TCS and HCL Tech were up, Infosys fell about 2.3% and Nifty IT was down about 1.6%. Experts are cautious, and the headline word bullish is stronger than most of their comments. This article sets out signposts for what to do with IT stocks, not a recommendation.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

What to do with IT stocks depends on whether the rally is a durable recovery or a tactical bounce, and most experts quoted lean toward the second view, a tactical rally. Accenture’s Q4 FY26 revenue of $18.7 billion and its FY27 guidance of 3% to 6% local currency growth suggested that technology spending extends beyond AI, and Nifty IT rose about 11% from 1 Oct to 19 Oct (my calculation). Religare, Master Capital and Emkay call it a relief or tactical rally and advise being selective, while Geojit credits strong results and encouraging management commentary. The signposts that matter next are deal conversion, margins, Infosys’s Q2 results on 27 Oct and whether Nifty IT holds 31,000.<\/p>\n<\/p><\/div>\n

Investors asking what to do with IT stocks face a sector that is still far below its highs: TCS is about 26% below its 52-week high, Infosys about 34% and Wipro about 33%, while Tech Mahindra is only about 4% below its high (my calculation). So the rally has lifted the sector off the lows without erasing the earlier decline.<\/p>\n

This guide covers the live snapshot of IT stocks, the Accenture numbers, how Nifty IT has moved, what experts say, a signpost framework for what to do with IT stocks and the risks. It is educational and not a recommendation to buy or sell any share.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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