17:I[87134,["/_next/static/chunks/abf43a076ddbd945.js?dpl=dpl_F6KiLDDFSAiMcLzw3V2cQMgAbhkA","/_next/static/chunks/5ac73fe2b25fc6c9.js?dpl=dpl_F6KiLDDFSAiMcLzw3V2cQMgAbhkA","/_next/static/chunks/92bdbfeca3f655f7.js?dpl=dpl_F6KiLDDFSAiMcLzw3V2cQMgAbhkA","/_next/static/chunks/733be0453bf96ece.js?dpl=dpl_F6KiLDDFSAiMcLzw3V2cQMgAbhkA","/_next/static/chunks/27718c319dd13e9b.js?dpl=dpl_F6KiLDDFSAiMcLzw3V2cQMgAbhkA","/_next/static/chunks/34c922b381f458e9.js?dpl=dpl_F6KiLDDFSAiMcLzw3V2cQMgAbhkA","/_next/static/chunks/c85eefbddd563073.js?dpl=dpl_F6KiLDDFSAiMcLzw3V2cQMgAbhkA"],"default"] 18:T4dc,

(RTTNews) - Indian equities fell sharply in early trading on Wednesday as IT shares faced intense selling after Infosys and Wipro saw declines of 2.5 to 8 percent in overnight U.S. trading.

Market participants reviewed mixed signals regarding U.S.-Iran peace discussions while preparing for the RBI policy announcement due on Friday and any related guidance on the rupee.

The key BSE Sensex index declined 790 points or 1.1 percent to 73,859 and the wider NSE Nifty index slipped 210 points or 0.9 percent to 23,271.

IT names retreated following recent advances as HCL Technologies, Infosys, TCS and Tech Mahindra each dropped between 3 and 6 percent.

Titan Company eased more than 1 percent after revealing plans to increase the number of Helios and Helios Luxe outlets.

Alkem Laboratories lost 1 percent after two promoter groups sold a 1.5 percent holding in the firm.

InterGlobe Aviation fell nearly 1 percent after confirming it would end flights to Manchester starting August 31.

NHPC jumped 4.6 percent after the government offer for sale attracted strong investor interest on the opening day of the subscription period.