TCS falls ahead of analyst meeting

TCS

Tata Consultancy Services falls 2.3 percent ahead of a scheduled meeting between the management and analysts later in the day, amid concerns the software services provider will deliver a downcast view on the sector.

Dealers cite market interest on TCS' outlook, given recent concerns over rival Infosys' outlook for fiscal 2013.

Infosys' dollar revenue growth outlook of 5 pct for the year ending March 2013 could be under threat, Chief Executive S.D. Shibulal was cited as saying by UBS in an investor meeting.

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