Shares of Tata Consultancy Services Ltd (TCS) fell as much as 1.98 per cent to Rs 1931.3, their lowest since Janurary 28.

The stock broke below its 50-day exponential moving average and below a support at Rs 1973.11. This suggests that the stock may test the next support at Rs 1,900.95.

The firm’s stocks were up 34.35 per cent in the last one year as of Monday's close, compared to the Nifty’s 1.8 per cent gain in the same period.