Sensex sinks over 760 points as crude climbs ahead of Fed decision

Indian markets fell nearly 1% on Wednesday, with the Sensex down 764 points to 72,834.67 and the Nifty at 22,550 by late morning. Brent crude rose about 1.5% to $115.36 after a Houthi attack on a Saudi refinery. Investors also stayed cautious ahead of the US Fed decision, where rates are expected to hold at 3.75-4.00%.