The market capitalisation of Tata Consultancy Services (TCS) slipped below ₹10 lakh crore for the first time since December 2020, amid a global sell-off seen in IT and software-related companies on February 12. TCS' stock fell over 5.5% to ₹2745.00 apiece, hitting a 52-week low. Nifty IT index plunged 12.9% year-to-date as stocks including Coforge, Infosys, and Wipro tanked.