New Delhi, Oct. 9 -- IT giant Tata Consultancy Services (TCS) is all set to announce its September quarter results today, Thursday, October 9. TCS Q2 results will mark as the official kickstart to the second quarter earnings season.

TCS share price will remain on Thursday as the IT giant will announce its July-September earnings after the market hours. Ahead of the earnings announcement, TCS share price was trading up less than a per cent at Rs.3,031.20. At 10:30 am, the IT stock touched an intraday high to Rs.3,042.10 apiece.

"The Indian IT sector continues to grapple with a challenging macroeconomic backdrop, and TCS has not been immune to these headwinds. Persistent pricing pressures, elevated wage costs, higher onsite investments, a...