Accenture Q2FY19 earnings topped forecasts & strong booking growth particularly in consulting segment, reduced some concern of an imminent slowdown affecting IT-service providers. Outsourcing grew 9% YoY CC, catching up with Consulting after six quarters. This mirrors well for demand for Tier-1 Indian IT companies. Accenture had cited its expectation of improved BFSI growth in 2HFY19. We can see improved performance over the last 2-3 quarters in TCS/INFY in BFSI & we expect growth to continue in BFSI segment. We reiterate TCS as our top pick in tier-1 IT sector & we see...