Infosys, TCS, Wipro fall as Accenture cuts outlook

The US Senate approved a landmark immigration bill on Thursday, which is seen by some investors as hurting Indian IT companies by proposing higher fees and wages for temporary US workers.

June 28, 2013 / 17:33 IST

26 Aug, 2025 12:21

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Shares of Indian technology companies fell after outsourcing and consulting services provider Accenture Plc cut its full-year outlook, citing a pullback in spending by its consulting business clients.

Infosys Ltd fell 0.7 percent, Wipro was down 0.6 percent, while Tata Consultancy Services Ltd, which has its annual meet later in the day, was down 0.1 percent.

The US Senate approved a landmark immigration bill on Thursday, which is seen by some investors as hurting Indian IT companies by proposing higher fees and wages for temporary US workers.

The Indian rupee also gained on Friday breaching below 60 to the dollar.

first published: Jun 28, 2013 04:03 pm

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