Infosys will report its Q2 earnings tomorrow (October 14) and expectations are high given TCS's earnings.

The dollar revenue growth is up almost 4.5 percent. In constant currency terms, it should be a growth closer to 2.5-3 percent. Nomura expects growth to rebound sharply for Infosys to about 10.5 percent over FY21 to FY23.

Kotak expects guidance to be raised to 1-3 percent, while UBS expects guidance to be at 1-2.5 percent. However, Citi and CLSA believe it will remain unchanged.

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