{"id":950614,"date":"2025-07-29T08:46:56","date_gmt":"2025-07-29T03:16:56","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=950614"},"modified":"2025-07-29T09:07:40","modified_gmt":"2025-07-29T03:37:40","slug":"it-banks-drag-down-benchmark-indices","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/07\/29\/it-banks-drag-down-benchmark-indices\/","title":{"rendered":"IT, banks drag down benchmark indices"},"content":{"rendered":"<p>The announcement of a global reduction in workforce by Tata Consultancy Services (TCS) and disappointing quarterly earnings of Kotak Mahindra Bank triggered a heavy sell-off across the IT and banking sectors on Monday. Starting the week on a weak note, the Sensex declined 572.07 points or 0.70% to close at 80,891.02, while the Nifty fell 156.10 points or 0.63% to 24,680.90. Both indices have recorded losses of up to 2.22% over the past three sessions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The announcement of a global reduction in workforce by Tata Consultancy Services (TCS) and disappointing quarterly earnings of Kotak Mahindra Bank triggered a heavy sell-off across the IT and banking sectors on Monday. Starting the week on a weak note, the Sensex declined 572.07 points or 0.70% to close at 80,891.02, while the Nifty fell 156.10 points or 0.63% to 24,680.90. Both indices have recorded losses of up to 2.22% over the past three sessions.<\/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-950614","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\/950614","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=950614"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/950614\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=950614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=950614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=950614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}