What to watch. Will TCS boost overall market confidence?

Tata Consultancy Services will declare its June quarter earnings on Tuesday. Most analysts expect strong double-digit growth y-o-y. Brokerages expect around 4 per cent sequential topline growth for the June quarter, above peers such as Infosys and HCL Technologies. Ahead of results, TCS futures saw accumulation of 8.66 lakh shares; TCS 2,000-call and 1,825-put options saw increase in interest. Analysts will also closely follow the management comments.