Larger rival Tata Consultancy Services reported higher third-quarter profit last week and forecast strong growth for the year ahead.
It expects annual revenue in the financial year to end-March 2021 to grow between 4.5% and 5% in constant currency terms, higher than 2% to 3% forecast earlier.
Shares of Bharti Airtel rose 5% and was the biggest boost to the Nifty 50 index after the company said on Tuesday it was initiating process to revise foreign investment limit up to 100%.