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Positive growth guidance from a major IT services player can lift ACN's revenue visibility and market multiple, potentially translating into a near-term stock move as investors reassess growth prospects and valuation.
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Accenture's forecast for stronger-than-expected annual revenue growth boosts confidence in IT-services demand and eases concerns that AI disruption will dampen technology spending. The guidance helped India's Nifty IT Index jump about 1.5% and could lift Accenture shares and other IT peers in the near term if the revenue trajectory stays intact.
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