Shares of Tata Consultancy Services (TCS) recorded their worst single-day decline since the COVID-19 market crash of 2020, plunging more than 8% on Wednesday. The IT bellwether led losses across the technology pack and emerged as one of the biggest drags on the benchmark Sensex and Nifty indices.
TCS shares tumbled sharply to close at Rs 2,241.70 apiece on NSE. Today marked the sharpest single-day fall in the IT stock since a 9% crash on March 12, 2020, when markets saw a historic plunge as the World Health Organisation declared COVID-19 a pandemic.
