Tata Consultancy Services shares rally 2.55%

Tata Consultancy Services (TCS) shares experienced a 2.55% rally, trading at ₹2,084.30. This upward movement follows a period of volatility and a six-day decline that saw the stock close at ₹2,032.40 the previous day.

The rebound comes after a bearish trend influenced by a ‘Sell’ rating from Citi, which lowered its target multiple for the company. Despite the recent gains, the current price remains closer to its 52-week low of ₹1,976.80 than its 52-week high of ₹3,350.00.