Tata Consultancy Services Ltd Stock Price Decline and Sector Weakness

Shares fell ~1.7-2.57% to close at ₹2,983.90-2,990 (down from the previous close of ~₹3,035-3,062), marking the fifth straight session of losses and hitting a multi-month low. This caps a ~5.49% drop in the last month and a 30.49% tumble over the past year, underperforming the Nifty 50's 4.64% slide and Nifty IT's 17.72% fall. Trading volumes were moderate at ~19 lakh shares vs. a 30-day average of 25.73 lakh.