IT stocks gain after Infosys earnings beat estimates

Employees of Tata Consultancy Services (TCS) work inside the company headquarters in Mumbai
Employees of Tata Consultancy Services (TCS) work inside the company headquarters in Mumbai March 14, 2013. REUTERS/Danish Siddiqui/Files

Reuters Market Eye - Software stocks gain after Infosys Ltd (INFY.NS), India's second-largest software services exporter, posted a 21.6 percent increase in quarterly net profit, beating estimates.

Infosys gains 1.1 percent, Tata Consultancy Services (TCS.NS) up 1.5 percent, Wipro (WIPR.NS) is up 1.75 percent, HCL Technologies (HCLT.NS) rises 1.8 percent while Tech Mahindra (TEML.NS) advances 1.3 percent.


(Reporting by Abhishek Vishnoi)