TCS shares decline nearly 2% amid reports of Tata Sons selling minor stake

Shares of Tata Consultancy Services (TCS) on Monday declined nearly 2 per cent amid reports that its promoter Tata Sons is likely to sell a minority stake in the IT major. According to reports, TCS-promoter Tata Sons is planning to sell up to 2.3 crore shares, representing a 0.64 per cent stake in the company through block deals on Tuesday.