December 17, 2012 / 8:24 AM / 5 years ago

TCS falls ahead of analyst meeting

1 Min Read

Logos of Tata Consultancy Services (TCS) are displayed at the venue of the annual general meeting of the software services provider in Mumbai, June 29, 2012.Vivek Prakash/Files

Reuters Market Eye - Tata Consultancy Services (TCS.NS) falls 2.7 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' (INFY.NS) outlook for fiscal 2013.

Infosys' (INFY.NS) 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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