Shubham Kishore, Alok C. Gupta, Paul J. Wiita, Sandeep K. Mondal, M. Vivek

We report here the detection of signatures of a quasiperiodic oscillation (QPO) and a short flare in the optical light curve of the blazar PKS 0735+178, observed in two sectors, 71 and 72, spanning around 49 days with the Transiting Exoplanet Survey Satellite. The modest flare in sector 71 lasted ~4.3 days and appears as a combination of two sub-flares. In sector 72, a transient QPO with a period ~11.2 hours is detected at local and global significance levels of 4.11$σ$ and 3.06$σ$, respectively. We used weighted wavelet z transform, Lomb-Scargle periodogram, and phase dispersion minimization analysis techniques to look for and confirm the QPO feature. We also performed a segment-wise statistical inspection of these light curves and discuss here possible mechanisms that could explain the observed flux behavior.