TCS Shares Slip 2.2% Amid IT Sector Sell-Off

Tata Consultancy Services (TCS), India’s largest IT services company, saw its stock decline by 2.2% in today’s trading session, closing at ₹3,235 compared to the previous close of ₹3,295.60. The fall comes amid a sector-wide sell-off in IT stocks, with the Nifty IT index dropping over 2%.

Brokerage downgrades, concerns over slowing discretionary spending, and global uncertainties including fresh tariff warnings from the U.S. have weighed heavily on investor sentiment. Analysts also point to weaker-than-expected Q1 FY26 results, where revenue growth and margins disappointed, adding to the cautious outlook.

Key Highlights

• TCS shares fell 2.2% to ₹3,235 on NSE
• Nifty IT index declined over 2%, with all constituents in red
• Brokerage downgrades cite weak FY26 revenue outlook and subdued discretionary spending
• Global factors: U.S. tariff concerns and geopolitical tensions add pressure
• Despite challenges, AI-led services show traction with over 114,000 employees trained in advanced AI skills

Sources: The Economic Times, Financial Express, INDmoney