Tata Group stocks decline after N Chandrasekaran’s exit

Mumbai: Falling for the second day, benchmark BSE Sensex closed lower by nearly 188 points on Wednesday following elevated crude oil prices and selling in TCS and other Tata Group shares after N Chandrasekaran said he will not seek reappointment as Tata Sons Chairman

The 30-share BSE Sensex declined 187.90 points, or 0.24 per cent, to settle at 77,966.35 with its 21 constituents ending lower, eight with gains and one unchanged. During the day, it tumbled 656.32 points, or 0.83 per cent, to 77,497.93 but recovred some of its loses.