Reuters Market Eye - Tata Consultancy Services falls 2 percent.
Traders speculate the company may announce some restructuring, which may impact earnings outlook.
TCS will provide a business update later in the day - analysts.
TCS does a sell-side meeting before every quarter end.
Management's commentary on FY15 dollar revenue growth will be key, analysts say.
Stock has 34 'buy' ratings, 16 'hold' and 2 'sell' ratings - Thomson Reuters data.
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Shares at lower bollinger band and 14-day RSI at 32.
(Reporting by Abhishek Vishnoi)
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