Tata Group stocks fall; TCS tumbles nearly 6 per cent

Tata Group stocks fell on Wednesday, with TCS dropping nearly 6 per cent, after Tata Sons Chairman N Chandrasekaran said he will not seek reappointment when his current term ends on February 20, 2027.

Shares of Tata Consultancy Services tanked 5.70 per cent, Tata Motors Passenger Vehicles tumbled 4.11 per cent, Tata Consumer Products fell by 2.85 per cent, Tata Elxsi dipped 2.14 per cent, Tata Communications edged lower by 2 per cent, Tata Steel slipped 1.96 per cent and Titan skidded 1.66 per cent on the BSE.