Why is the TCS share price today under pressure?

Selling follows fears about Anthropic AI impact on outsourcing demand, weak global tech cues, and a Jefferies IT downgrade. The Nifty IT index fall added local pressure. Together, these factors triggered de-risking across Indian IT, pushing TCS near 52-week support and keeping short-term sentiment cautious for traders and investors.

What are the key technical levels for TCS in the near term?

Support sits near ₹2,867. A close below that can point to ₹2,800–₹2,820. On the upside, watch ₹3,050 as a psychological hurdle and ₹3,200 around the 200-day average. Momentum is soft, so failed rallies are possible. Confirmation above ₹3,200 would help improve the short-term view.

How does the Nifty IT index fall affect TCS outlook?

Index declines usually reflect broad selling in sector leaders like TCS. When the Nifty IT index weakens, fund flows often reduce exposure across the basket, not just one stock. That can cap rebounds in TCS until sector breadth improves. Watch index stabilization for better odds of a sustained recovery.

Is TCS attractive on fundamentals after the drop?

TCS still shows strong ROE, low leverage, and steady free cash flow. At about 22 times earnings and a roughly 3.7% dividend yield, valuation is not cheap but is more reasonable than at recent highs. Long-term investors could prefer staggered entries or wait for a base and better sector sentiment.

Global Market Insights

TCS.NS Stock Today: AI Selloff, Techs Turn Bearish – February 07

ByDanny Kontos February 7, 2026

TCS share price today sits under pressure after a rough week for Indian IT. We track TCS.NS as AI disruption talk, weak Nasdaq cues, and a Jefferies IT downgrade hit sector mood. The stock closed Friday at ₹2,941.6, down 1.7% day-on-day and 6.3% over five sessions, near 52-week support at ₹2,866.6. With volume spiking and technicals softening, investors in India are asking if this is an opportunity or a trap. We break down price action, indicators, and near-term catalysts.