India's top IT services exporter TCS fell one percent to 3,038 rupees, raising growth concerns.

• Ambit cuts target to 2,860 rupees, sees data centre diversification as negative, cautious on growth.
• Jefferies holds, target 3,100 rupees, notes key market recovery lag and headcount decline worries still.
• Emkay maintains an add rating, target 3,250 rupees, cites macro uncertainties as the primary challenge for growth.