Tata Group shares drop following resignation of Chairman N Chandrasekaran
On Wednesday, a majority of Tata group companies saw their share prices dip after the announcement that Tata Sons Chairman N Chandrasekaran has stepped down. Tata stocks featured prominently among the day's biggest decliners on the Nifty index; notably, TCS, the country's top software exporter, experienced a drop of almost 5%. Additionally, shares in Titan Company and Tata Power both recorded losses of approximately 2%.