Tata Group stocks fell up to 5% after N Chandrasekaran resigned as Tata Sons chairman ahead of the August 18 AGM. TCS led the selloff, while Tata Motors PV, Tata Consumer and Tata Power also declined. The group stocks shed over Rs 44,000 crore in market value. His exit comes amid uncertainty over Tata Trusts’ stance on his continuation.
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