TCS falls 1.5% despite AI push, faces pressure from US tariff
TCS shares fell 1.5% to ₹3,111 despite announcing a new AI unit, a Unilab cloud deal, and a major Bengaluru lease. An analyst warned that a drop below ₹3,100 could pull the stock down to ₹2,700, with further downside to ₹2,200–2,000. The Trump-led 50% US tariff on Indian IT exports remains a key overhang.