At Tata Consultancy Services’ (TCS’) announcement on Thursday of its second quarter (Q2, July-September) earnings, analysts will be watching the Mumbai-based company’s commentary on three of its segments.
These being BFSI — banking, financial services and insurance — manufacturing and retail. The segments are expected to give a broader sense about the information technology (IT) services sector’s performance in the quarter.
TCS, the IT bellwether, is expected to benefit from a weaker rupee and stronger North American growth in the quarter. However, client-specific challenges with regard to some banking and manufacturing clients in Europe, and some semi-conductor and equipment vendors,

)