TCS Share Price Falls 5.07% to ₹2,610.60 Amid AI Concerns; NIFTY IT Down 4.16% 

Tata Consultancy Services Ltd (NSE: TCS) declined 5.07% to ₹2,610.60 at 9:20 am IST on 13 February, down ₹139.50 from its previous close of ₹2,750.10, according to exchange data. The stock opened at ₹2,585.00 and traded within a range of ₹2,585.00 to ₹2,636.00 in early trade. 

Why the Share Price Declined? 

The decline in TCS followed sustained weakness in information technology stocks as concerns around AI-led disruption and weak sentiment across global technology stocks continue to weigh on the sector. Market commentary indicated that investors were reassessing long-term pricing power, deal wins and earnings visibility for traditional IT services companies. 

In addition, stronger-than-expected US jobs data reduced expectations of a near-term interest rate cut by the US Federal Reserve. The development triggered a sell-off in global technology stocks, which weighed on Indian IT counters. 

At 9:20 am IST, the NIFTY IT index was down 1,378.30 points or 4.16% at 31,781.90, compared with its previous close of 33,160.20, reflecting broad-based sectoral pressure.  

Overnight weakness in global markets, particularly on Wall Street, is expected to further dent sentiment for Indian IT stocks. On the New York Stock Exchange, Infosys ADRs tumbled 9.84%, while Wipro ADRs declined 4.6%, mirroring the broader sell-off in US technology shares. 

Stock Performance Snapshot 

At 9:20 am IST on 13 February, TCS share price was trading at ₹2,610.60, down ₹139.50 or 5.07%. The stock opened at ₹2,585.00, touched a high of ₹2,636.00 and recorded a low of ₹2,585.00 during the session. 

The 52-week high stands at ₹3,984.45, while the 52-week low is ₹2,585.00. The company’s price-to-earnings (P/E) ratio is 19.80, and the dividend yield is 2.41%, as per available market data. 

What This Means for Investors 

At 9:20 am IST, TCS was trading near its 52-week low, indicating continued near-term valuation pressure in large-cap IT stocks. The fall in market capitalisation to around ₹9.45 lakh crore reflects the impact of sector-wide selling. 

Future stock movement may remain linked to earnings disclosures, deal momentum, margin performance and management commentary released through regulatory filings. 

Broader Market and Sectoral Context 

At 9:20 am IST, the NIFTY IT index traded at 31,781.90, down 4.16% for the session. The index opened at 31,487.40, touched a high of 31,918.65 and a low of 31,422.60, according to exchange data. 

The decline in the sector index indicates broad-based pressure across frontline IT counters, aligning with the movement seen in TCS. 

At 9:20 am IST on 13 February, TCS shares were trading 5.07% lower at ₹2,610.60, compared with the previous close of ₹2,750.10. The stock moved within a range of ₹2,585.00 to ₹2,636.00 in early trade, while the NIFTY IT index was down 4.16% at 31,781.90. The decline followed renewed AI-related concerns and weaker global technology sentiment after strong US jobs data tempered expectations of a near-term Federal Reserve rate cut, according to market data and commentary. 

 Source: https://www.nseindia.com/get-quote/equity/TCS/Tata-Consultancy-Services-Limited