TCS shares tumble 4%, wipe out Rs 35,000 crore after N Chandrasekaran resigns. What should investors do?

TCS shares closed down 4% at around Rs 2,350 on NSE, wiping out approximately Rs 35,000 crore from market capitalisation to Rs 8.5 lakh crore, after N Chandrasekaran resigned as Tata Sons Chairman. Chandrasekaran, who spent his entire corporate career at TCS before becoming Tata Sons chair in 2017, decided not to seek reappointment when his term ends in February 2027. The resignation dragged other Tata Group stocks lower, with TCS as the top loser on Sensex and Nifty, and pulled the Nifty IT index down 1.5% as the top sectoral loser.