TCS slips 3% after 21 mn shares change hands in block deals on BSE

At 09:15 am; around 20.93 million equity shares representing 0.58 per cent of total equity of TCS changed hands on the BSE, the exchange data showed.

Shares of Tata Consultancy Services (TCS) slipped 3 per cent to Rs 4,021.25 on the BSE in Tuesday's intra-day trade after nearly 21 million shares changed hands via block deals.

At 09:15 am; around 20.93 million equity shares representing 0.58 per cent of total equity of TCS changed hands on the BSE, the exchange data shows. Till 09:43 am; around 25.13 million shares were traded on the BSE. The names of the buyers and sellers were not ascertained immediately.

According to media reports, Tata Sons was to divest a 0.65 per cent stake in its flagship TCS in the open