February 5, 2015 / 3:57 AM / 3 years ago

BUZZ-Indian IT shares gain on Cognizant's guidance for 2015

** Tata Consultancy Services gains 0.7 pct, Wipro rises 0.8 pct while Infosys is up 0.5 pct

** Cognizant Technology Solutions forecasts higher revenue growth as healthcare spending rises

** Company's Dec-qtr results were robust with 19 pct growth forecast for 2015, indicating stable demand environment - analysts

** Jefferies says cross-currency risks remain for the sector, maintains underweight stance on Indian IT sector

** Investment bank recommends using positive stock reaction after Cognizant's results to trim positions in sector (RM: abhishek.vishnoi.thomsonreuters.com@reuters.net)

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