{"id":1004522,"date":"2026-04-23T10:05:29","date_gmt":"2026-04-23T04:35:29","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1004522"},"modified":"2026-04-23T10:32:46","modified_gmt":"2026-04-23T05:02:46","slug":"it-sell-off-snaps-rally-sensex-drops-700-points-nifty-below-24400","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/04\/23\/it-sell-off-snaps-rally-sensex-drops-700-points-nifty-below-24400\/","title":{"rendered":"IT sell-off snaps rally; Sensex drops 700 points, Nifty below 24,400"},"content":{"rendered":"<p>Indian equity markets closed sharply lower on Wednesday (April 22) as selling pressure in information technology stocks and cautious global cues reversed the gains from the previous session. The benchmark Sensex declined by around 700 points to end near 78,600, while the Nifty 50 slipped below the 24,400 mark, falling close to 0.8 per cent for the day. <\/p>\n<p>The downturn was led primarily by a broad-based sell-off in IT stocks, which came under pressure following weak earnings guidance from key players in the sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian equity markets closed sharply lower on Wednesday (April 22) as selling pressure in information technology stocks and cautious global cues reversed the gains from the previous session. The benchmark Sensex declined by around 700 points to end near 78,600, while the Nifty 50 slipped below the 24,400 mark, falling close to 0.8 per cent for the day. The downturn was led primarily by a broad-based sell-off in IT stocks, which came under pressure following weak earnings guidance from key players in the sector.<\/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":[75,4,17],"tags":[],"class_list":["post-1004522","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1004522","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=1004522"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1004522\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1004522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1004522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1004522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}