{"id":1004488,"date":"2026-04-23T09:54:18","date_gmt":"2026-04-23T04:24:18","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1004488"},"modified":"2026-04-23T10:14:20","modified_gmt":"2026-04-23T04:44:20","slug":"it-stocks-weigh-down-indices-rupee-slips-after-rbi-relaxes-guidelines","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/04\/23\/it-stocks-weigh-down-indices-rupee-slips-after-rbi-relaxes-guidelines\/","title":{"rendered":"IT stocks weigh down indices, rupee slips after RBI relaxes guidelines"},"content":{"rendered":"<p>Weaker-than-expected fourth quarter results from HCL Technologies and Tata Elxsi weighed on benchmark indices on Wednesday, leading to a sharp decline. The Sensex fell 757 points, or 0.95%, to close at 78,516.49, while the Nifty 50 dropped 199 points, or 0.81%, to settle at 24,378.10. The rupee continued to fall as well. The Indian currency closed at to 93.80, down 30 paise against the greenback. <\/p>\n<p>The IT sector bore the brunt of the sell-off, with the BSE IT and BSE Focused IT indices declining by 3.66% and 3.54%, respectively. Despite the overall market closing in the red, 15 of the top 25 sectoral indices ended higher than their previous close.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Weaker-than-expected fourth quarter results from HCL Technologies and Tata Elxsi weighed on benchmark indices on Wednesday, leading to a sharp decline. The Sensex fell 757 points, or 0.95%, to close at 78,516.49, while the Nifty 50 dropped 199 points, or 0.81%, to settle at 24,378.10. The rupee continued to fall as well. The Indian currency closed at to 93.80, down 30 paise against the greenback. The IT sector bore the brunt of the sell-off, with the BSE IT and BSE Focused IT indices declining by 3.66% and 3.54%, respectively. Despite the overall market closing in the red, 15 of the [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-1004488","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1004488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1004488"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1004488\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1004488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1004488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1004488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}