Tata Sons sold over Rs 9000 crore (representing 1.6 percent of paid-up equity) worth of TCS shares in March.
Afte the stake sale, Tata Sons still holds 72 percent stake in TCS.
Falling for the sixth consecutive session, the rupee weakened by 12 paise to 66.22 against the US dollar at the interbank foreign exchange market, amid foreign capital outflows.
Forex dealers said, sustained demand for the American currency from importers and dollar strength against other currencies overseas, bolstered by rising US bond yields, weighed on the domestic unit.
Read more--Stocks update
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