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TCS Shares Decline Nearly 5% Amid Heavy Trading Volumes
TCS declines nearly 5% amid strong trading activity.
Tata Consultancy Services shares the declined nearly 4.8% during the session, accompanied by a sharp surge in trading volumes. Weak sentiment across information technology stocks and global macroeconomic concerns pressured the counter. Investors reassessed earnings visibility, client spending patterns, and near term demand outlook. Market analysts recommend caution as volatility persists, citing uncertainties in global technology budgets and broader economic conditions.