Sensex Slips 600 Points; IT Stocks Fall and Oil Plays Its Part Too πŸ“‰πŸ›’οΈ

Indian benchmark indices fell in early trade as Sensex dropped 601.14 points to 72,997.55 and Nifty fell 146 points to 22,604.80, pressured by weak IT stocks, higher crude oil and caution ahead of the US Federal Reserve decision. L&T gained over 4% after strong quarterly profit, while SBI and Axis Bank outperformed; FIIs bought equities worth Rs 4,240.39 crore.